Since the beginning of the year，The positive factors for the overall improvement of economic operation are increasing.，Investment is also increasing.。
The data shows，First quarter，Steady growth in investment，Investment in fixed assets increased by 5 percent.1%，Infrastructure、Manufacturing investment increased by 8..8%、7.0%。
Meng Wei, deputy director of the National Development and Reform Commission and spokesman of the National Development and Reform Commission, introduced.，First quarter，The National Development and Reform Commission has approved 42 fixed assets investment projects.，The total investment is 280.3 billion yuan，Among them, 35 were approved.，Seven were approved，Focus mainly on high technology、Energy、Water conservancy and other industries。Among，Seven fixed assets investment projects were approved in March.，The total investment is 10.4 billion yuan.，Mainly concentrated in high-tech and other industries。
“At present，Investment in fixed assets grew steadily in the first quarter.，Up to 5.1%，AboveGDPGrowth rate。Infrastructure investment has maintained a growth state since 2022.，10% year-on-year growth in the first quarter.82%，Become the main force to maintain the growth of fixed assets investment。Comparatively speaking，Manufacturing investment has not been fully activated.，Real estate investment remains the biggest drag on investment.。”Vice Dean, National Institute of Development and Strategy, Renmin University of China、China Macroeconomic Forum（CMF）The main member is Liu QingzaiCMFSaid at the monthly forum.。
From the perspective of real estate investment，There are positive factors supporting the stabilization of real estate investment.，Now there are some signs.，A virtuous circle is taking shape.，Like taking the land、Get to work、Completion、Sale、Even investment is gradually stabilizing.，Rebound at their own pace.。However，It is still in a slow process.。
Relatively speaking，Private investment is assuming a greater role.。
Support for private investment has been strengthened.
“With the support of a series of policies in the early stage，Investment in fixed assets has basically maintained a relatively active trend.，Infrastructure investment is also an important supporting force for growth.，A batch of short boards、Strong function、Take a long-term view、Projects benefiting people's livelihood are being implemented in an orderly manner.，It shows a trend that the off-season is not weak.。”Wang Jun, chief economist of Huatai Securities,《China Times》The reporter said。
Among，The construction speed of infrastructure projects is relatively fast.，It is the advance of financial support.，And in“Fourteen five”Period，Some major high-quality projects are formed together with sufficient reserves.。
One bright spot is，The motive force of private investment is increasing.。
Last October，The National Development and Reform Commission issued documents to increase efforts to support the development of private investment.，Special mention is made of attracting private capital to participate in key construction tasks.。Meng Wei introduced，Judging from the progress,，“Fourteen five”The planning of 102 key areas of major projects has been detailed and decomposed into specific projects.，Attract private capital participation。Since last year, more than 9000 of the more than 50000 projects recommended by various places have attracted private capital participation.，Involving private investment 2.9 trillion yuan；Publish and promote 24 typical cases，Support the issuance of real estate investment trusts in the infrastructure sector（REITs）And other ways to revitalize the project。
According to the arrangement，The NDRC will strengthen overall planning and systematic deployment，Establish a mechanism to encourage private capital to participate in major projects.，Do a good job of work scheduling，Normalization and promotion of key projects，Form up-down linkage、The promotion pattern of horizontal coordination。
At the same time，Strengthen information dissemination and guidance，Relying on the online approval and supervision platform of national investment projects，Actively recommend attractive projects to private capital。At the same time，Promote the public promotion of timely solutions to projects around the country、Problems in the process of introducing private capital，Clear support measures，Provide relevant services，Create good conditions for project landing。
To attract private capital to participate in major national projects and short board projects.，Accelerate project review and preparation、Planning and site selection、Use of land and sea、Environmental Impact Assessment、Construction permit and other preliminary work formalities，Implement various construction conditions。Encourage private investment to participate in the revitalization of state-owned stock assets，Reduce the difficulties faced by private capital in participating in new projects, such as the complexity of the preliminary work.。
It is worth noting that，This time, the NDRC specifically made it clear，The nature of ownership should not be used as a selection criterion.，Not on the scale of the enterprise、Registered address、Local tax contribution and other factors are the main bid evaluation conditions.。When arranging all kinds of government investment funds，Treat private capital equally，We will continue to support major projects involving private capital through policy-oriented development financial instruments.。
Financially，There are also relevant arrangements.，It is required to promote financial institutions in accordance with the principle of marketization.，Increase credit support for private investment projects。Encouraging private capital through property rights transactions、Mergers and acquisitions、Acquisition and disposal of non-performing assets and other ways to revitalize their own assets，Support eligible private investment projects to issue real estate investment trust funds in the field of infrastructure.（REITs），Enhance investment enthusiasm。
For excellent cases，Be replicated and promoted at the national level，Play a leading role，Attracting more private capital to participate in major projects。
“Next step，We will work with the parties concerned.，Through the establishment of mechanisms、Strong service、Heavy prophase、Excellent environment、Promote financing、Grasp demonstration and other work，More private capital will be involved in the construction of major national projects.。”Meng Wei said。
Second half remains uncertain
It's not just private investment.，There are also favorable policies for foreign investment.。
At present，The National Development and Reform Commission, together with relevant departments and local governments, has set up a special class for major foreign investment projects.，The focus is on coordinating issues that need to be addressed at the national level，Mainly in planning、Land use、Use the sea、Environmental impact assessment、Energy consumption and so on，Open up a green channel，Promote project implementation。
The first six batches of major foreign investment projects are planned to invest 170 billion US dollars.，The investment of a single project exceeds US $1 billion.，At present, more than 63 billion US dollars have been invested。The technical leadership of these projects is outstanding.，It is beneficial for our country to make up for the weaknesses and strengths of the short board.、Promoting industrial transformation and upgrading。It is conducive to the coordinated development of upstream and downstream enterprises.，Promote the development of industrial clusters，Stimulate local employment，It has high economic and social benefits.。
“This year, we will continue to play the role of the special class mechanism.，Accelerate the implementation of the first six batches of projects，Attracting foreign capital inflow from point to area。At the same time，Will be based on long-term development，Improve relevant policies and measures in the field of foreign investment，Effectively create marketization、Rule of law、International first-class business environment，Greater efforts should be made to attract foreign enterprises to invest in China.。”Meng Wei said。
“The second half of the year will fall slightly on the basis of the first half of the year.。At present, the situation of project reserve and fund availability is relatively optimistic.，Therefore, there is support for infrastructure investment.。But taking into account the constraints of fiscal sustainability and financial resources，And last year's relatively high base.，This year's infrastructure investment has maintained the double-digit 10 of last year.%Growth is unsustainable.，It may fall back，The substantive workload is likely to be better than last year。Manufacturing investment depends on the improvement of cash flow of enterprises.，Manufacturing investment in the second quarter will not be as optimistic as in the first quarter.，The trend in the second half may be more uncertain.。”Wang Jun said。
