In May, the western Sichuan Plateau is full of vitality, and there is a surging construction boom at the site of the National Energy Group's Dadu River Shuangjiangkou Hydropower Station. In the dam filling area, dump trucks with an average load capacity of 40 tons accurately unload the filling materials, and road rollers roll back and forth in a "plum blossom" formation... This is a microcosm of the accelerated construction of major engineering projects in many places in recent times. Industry insiders indicate that with the accelerated progress of project construction and increased financial support, infrastructure investment in the second quarter is expected to continue to play a positive role in stabilizing the overall economy, promoting effective improvement in quality and reasonable growth in quantity. The major projects of state-owned enterprises have refreshed the "progress bar". We have allocated construction forces according to a three shift system, maintained 24-hour uninterrupted flow operations, and pushed the dam filling towards the flood control target elevation at a daily rate of 50000 cubic meters. ”On May 5th, Wen Qingwen, the head of the construction department of the Shuangjiangkou Hydropower Station in Dadu River, introduced to reporters that the power station has completed the first phase of water storage and is striving to put the first batch of units into operation and generate electricity by the end of the year. As the "ballast stone" for ensuring energy supply, the National Energy Group completed an investment of 35.95 billion yuan in the first quarter, with wind power investment increasing by 5.3 percentage points year-on-year. Huang Qing, spokesperson for the National Energy Group, recently stated that in the second quarter, we will adhere to increasing efficiency in stock and optimizing incremental growth, optimizing investment layout and resource allocation, and solidly focusing on key investment development tasks. On the coast of the East China Sea, the first unit of the Three Gorges Group Zhejiang Tiantai Pumped Storage Power Station, a key implementation project of the 14th Five Year Plan, has successfully completed the rotor hoisting, marking the beginning of the final assembly stage of China's largest single unit capacity pumped storage unit and laying the foundation for the first unit of the power station to be put into operation and generate electricity by the end of this year. Liu Xingguo, a special senior researcher at the China Enterprise Confederation, believes that increasing investment by state-owned and central enterprises will help achieve the annual economic growth target and drive more social capital investment growth. Multiple regions are increasing their investment in infrastructure projects nationwide, accelerating the construction of major projects and significantly speeding up infrastructure investment. The Guangzhou Bai'etan project is striving to reach the construction milestone, and the basic pile construction of the affordable housing project on the north side of Mali Station has been basically completed... Recently, multiple key projects in Guangdong have accelerated their progress, injecting strong momentum into the high-quality development of the Guangdong Hong Kong Macao Greater Bay Area. Data shows that by 2025, Guangdong will arrange 1500 provincial key construction projects with an annual planned investment of 1 trillion yuan. In Henan, there are numerous tower cranes in the second phase of the Ningde Era Henan Luoyang Base project under construction; Mechanical roar at the construction site of the Wuzhi County New Energy Vehicle Supporting Production Base (Phase I) project; The Phase I and Section II project of Zhongyuan International Convention and Exhibition Center in Zhengzhou Airport Zone has been successfully completed... "Henan Province's infrastructure investment target for this year is around 500 billion yuan. ”Ma Jian, Director of the Development and Reform Commission of Henan Province, recently stated that efforts will be made to build and put into use the first unit of the Henan section of the West East Gas Pipeline and Xuchang Nengxin coal-fired power plant by the end of June. In Anhui, more than 1300 major projects have been started in two batches since the beginning of this year, with a total investment of over 800 billion yuan, of which more than 50% are emerging industry projects. According to Luo Zhiheng, Chief Economist and Dean of the Research Institute at Yuekai Securities, based on the situation in various regions, investment is showing the following trends: firstly, optimizing investment direction, with major project investments concentrated in the fields of new infrastructure and green transformation; Secondly, we will promote the transformation of urban villages and other three major projects to stabilize real estate investment; Thirdly, stimulate the vitality of private investment through legal means; Fourthly, infrastructure investment promotes regional coordinated development. The construction of major projects to improve the efficiency of fund utilization is accelerating, thanks to the increased support of funds. On April 24, the first ultra long term special treasury bond in 2025 was officially issued through bidding. According to the budget, China plans to issue 1.3 trillion yuan of ultra long term special treasury bond this year, of which 800 billion yuan will be used to support the construction of "dual" projects. The effectiveness of financial support is reflected in the data. The latest data from the National Bureau of Statistics shows that with the accelerated issuance and use of ultra long term special treasury bond and local government special bonds this year, the construction of "dual" projects has accelerated, and the growth of infrastructure investment has accelerated. In the first quarter, infrastructure investment increased by 5.8% year-on-year, driving a total investment growth of 1.3 percentage points. Against the backdrop of sustained policy effectiveness, the efficiency of fund utilization has become a key variable. Next, we still need to make good use of policy space, continuously increase expenditure intensity, optimize expenditure structure, and play a good policy 'combination punch'. Professor Ji Fuxing from the University of Chinese Academy of Social Sciences believes that we should fully consider the timeliness of policy implementation, take the initiative to move forward, and accelerate expenditure progress. This is not only conducive to quickly generating actual expenditures, driving more social investment, enhancing economic development momentum and improving people's livelihoods, but also helps to improve the efficiency of funds and avoid problems such as "funds and other projects" and year-end "sudden spending". China Galaxy Securities stated that in the second quarter, infrastructure will continue to play a positive role in expanding effective investment, stabilizing the overall economy, and promoting the effective improvement of quality and reasonable growth of quantity in the economy. (New Society)