National Development and Reform Commission: further accelerate the investment of funds and the construction of projects, and grasp the formation of accurate and effective investment

2022-08-19

Recently, he Lifeng, secretary and director of the Party group of the national development and Reform Commission and convener of the coordination mechanism for promoting effective investment and important projects, presided over the second meeting of the coordination mechanism. The meeting pointed out that since the first meeting of the coordination mechanism, important progress has been made in the construction of major projects supported by policy oriented and development oriented financial instruments. After the establishment of the coordination mechanism, the joint office will operate efficiently, the project signing and capital investment will be promoted efficiently, the early-stage procedures of the project will be handled in accordance with the law and regulations, and the work will be vigorously promoted. The meeting proposed that in the next stage, the focus of work should be shifted to the implementation of capital investment, the commencement of project construction and the formation of more physical workload. First, we will further accelerate the investment of funds. The two banks should pay close attention to the communication and docking with the project units, implement the investment conditions, clarify the schedule, and efficiently promote the capital investment. Second, we will further strengthen factor support. The coordination mechanism should continue to speed up coordination and supervision. All departments should implement the policy documents that have been issued and strengthen the guarantee of land use, environmental impact assessment and other factors. It is necessary to increase the support of supporting loans for projects and form a joint force for fund guarantee. Third, we will further accelerate the construction of the project. We will effectively speed up the preliminary work and commencement of the project, and strengthen supervision and guidance for projects that have not started on schedule or have made slow progress. As much as possible, we will implement work as a form of relief to help local people increase their income by working nearby. The meeting demanded that all units should meet high standards and strict requirements to do their work well. First, take the initiative to do a good job in capital investment, project commencement, supporting financing and other related work. Second, the responsibilities of all parties should be compacted, the work tasks should be divided into units and responsible persons, and the due responsibilities should be properly performed. Third, it is necessary to effectively prevent risks, strictly control new hidden debts of local governments, strictly prevent corruption, irresponsibility and disorderly actions, and ensure project quality and safety. The meeting stressed that it is a great responsibility and a glorious mission to make good use of policy oriented and development oriented financial instruments. In accordance with the decisions and arrangements of the Party Central Committee and the State Council, we should continue to play the important role of the coordination mechanism, promote all work in a sound and rapid manner, pay close attention to the formation of accurate and effective investment, help consolidate the good trend of economic recovery, and take practical actions to welcome the victory of the 20th National Congress of the party. (news agency)

Edit:Wei Li Bin    Responsible editor:Yin Bing

Source:Securities Daily

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