Accelerate the construction of major projects in multiple locations and achieve the annual goal of "Duola Quick Run" sprint
2023-11-06
Entering the fourth quarter, we will accelerate the construction of major projects in multiple regions and launch a new batch of projects intensively. By reviewing the investment lists of major projects in various regions, it can be seen that infrastructure, industrial upgrading, urban renewal, ecological and environmental protection, and people's livelihood security are the main areas, and the investment structure continues to be optimized. Investment is a key variable that connects demand and supply. In the short term, investment is an important part of total demand, and the multiplier effect of investment can directly drive employment and consumption, which is conducive to expanding current demand and coping with economic downward pressure; In the medium to long term, today's investment is tomorrow's supply, and reasonable and effective investment is a key factor in determining the future supply structure and economic structure, and enhancing the potential for medium to long term economic development. Especially for major engineering projects with large construction volume, high investment scale, and strong driving effect, they are the "ballast stone" for stabilizing investment and promoting growth. Since the beginning of this year, focusing on key areas and weak links in economic and social development, China has implemented a number of major projects that are both beneficial to the current and long-term development in a precise and orderly manner. We have steadily promoted the construction of infrastructure such as water conservancy, transportation, and energy, moderately advanced the deployment of new infrastructure construction, and accelerated the improvement of the core competitiveness of the manufacturing industry. Despite the influence of multiple factors, fixed assets investment has generally maintained growth and steadily improved its support for future development. Taking the field of transportation as an example, effective investment in transportation continues to expand, a number of major transportation engineering projects continue to refresh progress, and the construction of a modern and high-quality national comprehensive three-dimensional transportation network is accelerating. Looking at the field of water conservancy again. A number of major national water network projects such as the Middle Route of the South to North Water Diversion Project, the Water Resources Allocation Project around the Beibu Gulf, and the Phase II Project of the Huaihe River into the Sea have been accelerated, and the construction of provincial, municipal, and county-level water networks has been orderly promoted. In the third quarter, the country implemented 1075 billion yuan of investment in water conservancy construction, and completed 860.1 billion yuan of investment in water conservancy construction, both setting historical records for the same period. China is currently in a stage of rapid development in new industrialization, informatization, urbanization, and agricultural modernization. The per capita infrastructure capital stock is only 20% to 30% of that of developed countries, and the potential for investment demand is still enormous. Expanding domestic demand, stabilizing growth, benefiting people's livelihoods, and increasing driving forces require sustained investment efforts to consolidate the foundation of development. Further enhancing investment plays a crucial role in optimizing the supply structure. We need to focus on the construction of major projects, accelerate the construction of major projects in the 14th Five Year Plan and other major economic and social projects, coordinate the upgrading and transformation of traditional industries and the cultivation and growth of emerging industries, and accelerate the development of high-end, intelligent, and green manufacturing. High quality project reserve work should be done to form a virtuous cycle of "reserve a batch, start a batch, construct a batch, and complete a batch". Project construction cannot do without financial support. We should give full play to the guiding role of government investment and policy incentives, effectively drive and stimulate private investment, and accelerate the issuance and use of local government special bonds. Improve the financing mechanism for investment projects, strengthen the funding guarantee for major projects in accordance with the law and regulations, and strengthen the guarantee of factors such as land, energy use, and environmental impact assessment. At present, we need to seize the time window of the construction peak season and strive to create more physical workload by "pulling and running quickly". (New News Agency)
Edit：Hou Wenzhe Responsible editor：WeiZe
Source：economic daily
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