The extra-high voltage project was restarted, high-speed railway construction was accelerated, more than 100 billion yuan of civil aviation investment was encouraged by various ministries and commissions, and more than 800 billion yuan of private investment was concentrated in 14 provinces and municipalitiesFrom ministries to local governments are working together to stabilize growth, and a big wave of measures are on the way.

Approval Of Infrastructure Projects Such As Power Grids And High-speed Rail Was Expedited

Recently, energy, transportation and other infrastructure to make up for shortfalls has been strengthened.

On September 3, the state energy administration issued the circular on accelerating the planning and construction of a number of key power transmission and transformation projects.

It's been more than a year since the project was restarted.This involves 5 uhv ac, 5 uhv dc and 2 uhv.The restart is expected to be between 180 billion yuan and 200 billion yuan, a record for the number of one-time approvals, according to industrial securities.

Also clicking the "reset button" is the urban rail transit project.In August, the national development and reform commission approved the rail transit construction plans in changchun and suzhou, involving an investment of 173.7 billion yuan.In addition, hangzhou airport railway express line is being examined by the national development and reform commission.

From the latest data, the pace of railway investment is also accelerating.From January to August, China railway completed 461.2 billion yuan of investment, 63% of the annual plan, according to China railway corporation.

It is reported that China railway is still stepping up the work in the early stage of the project. 23 new projects have been approved this year, with an investment of 403.3 billion yuan.

Local authorities are also actively signaling to speed up railway construction.For example, the 24th executive meeting of the chongqing municipal government held on Monday proposed to step up the construction of high-speed railway and speed up the opening of the high-speed railway from chongqing to chongqing.Anhui province has held a preliminary work promotion meeting for key railway projects, requiring strong efforts to push forward the early work for key railway projects such as the new high speed railway and striving to start construction as soon as possible.

Local Competition To Launch A List Of Private Investment Projects

The civil aviation administration of China (CAAC) will hold a promotion meeting on civil aviation projects in Beijing on September 27 to promote the supporting projects of Beijing new airport and the construction of Hohhot new airport to attract social capital investment.Before that, the civil aviation administration and the national development and reform commission have launched a list of civil aviation projects to encourage private investment, with an estimated total investment of 110 billion yuan.

This is only a small part of the ministry's promotion of projects to private capital.Next, the national development and reform commission, together with local authorities and relevant departments, will select 200 projects for promotion in the fields of transportation, energy, ecological and environmental protection and social undertakings.

Ou hong, director of the investment department of the national development and reform commission, said that apart from the 17 projects recommended in the civil aviation sector, 183 other projects are being promoted and will be completed in the near future.

In addition, the local government is also taking active actions to launch an intensive list of private investment projects.According to the rough statistics of a reporter from Shanghai news, in the last half month, 14 provinces and cities, including sichuan, zhejiang, gansu, shandong, guizhou, tianjin, hunan, henan, heilongjiang, guangdong, fujian, shanxi and Qingdao, have successively introduced a list of key areas for private investment, with a total investment of over 800 billion yuan.

Among them, sichuan, gansu, guizhou and Qingdao are among the places that promote projects to private capital involving investment of over 100 billion yuan.Investments in zhejiang, shandong, hunan and shanxi are in the tens of billions of yuan.

From the information disclosed by different regions, most of the projects recommended by local governments focus on infrastructure, including railways, highways, airports, ecological environment protection and urban infrastructure.

Some analysts said the state council has repeatedly emphasized the promotion of a number of projects in the fields of transportation, oil and gas and telecommunications, mainly involving private investment, with clear investment return mechanism and great commercial potential.In the future, more and more provinces will launch the list of projects for private investment, and some provinces that have launched the list will also launch the second and third batch of projects.

"Stabilizing Investment" Has Become A Priority In Local Economic Work

Major investment and construction projects have been held in recent years, and the importance of "stable investment" has been stressed.

On September 6, the Beijing municipal government held the third district government work exchange meeting in 2018 to exchange and discuss the progress of investment and key projects.Chen jining, deputy party secretary and mayor of Beijing, stressed at the meeting that it is important to make investment stability a key task of the current economic work and maintain the sound momentum of economic and social development in the capital.

The recently held heilongjiang provincial accelerating major project investment promotion conference proposed that the key role of expanding effective investment should be fully recognized from the perspective of revitalizing the overall development, accelerating the construction of major project investment, actively expanding effective investment, and promoting steady economic growth and structural adjustment of the whole province achieved positive results.

It is widely expected that the growth rate of national infrastructure investment will rebound as local authorities step up efforts to make up for shortfalls.The national bureau of statistics (NBS) on Friday releases its main macro data for August. It expects infrastructure investment growth to pick up in August and manufacturing investment to maintain steady growth, thus keeping overall investment steady.