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Intensive construction of major projects is expected to stabilize infrastructure investment

October 09, 2023

“Double section”Period,On the construction site of Xiongan New Area,The roar of the machine and the whistle of the shuttle are intertwined.,It presents a busy construction scene.。Xiongan Sports Center、Xiongan Xuanwu Hospital、Science Park of Xiongan Innovation Research Institute, Chinese Academy of Sciences、Xiongan New District University Park Library Project and other key projects are beginning to take shape.。

“Double section”Period,On the construction site of Xiongan New Area,The roar of the machine and the whistle of the shuttle are intertwined.,It presents a busy construction scene.。Xiongan Sports Center、Xiongan Xuanwu Hospital、Science Park of Xiongan Innovation Research Institute, Chinese Academy of Sciences、Xiongan New District University Park Library Project and other key projects are beginning to take shape.。

Get into “Gold Nine Silver Ten”Peak construction season,Major projects have accelerated the formation of physical workload.。Industry insiders believe that,Accelerated commencement of current project,Traditional infrastructure began to concentrate its efforts.;The capital side is powerful,The trend of reasonable acceleration of fiscal expenditure in the fourth quarter is expected to continue.。With the full development of various policy tools,,Infrastructure investment is expected to stabilize。

Grasp the progress of the project everywhere

In Anhui,On October 7, the mobilization meeting of the fourth batch of major projects in the province was held in 2023.,Centralized mobilization of 1089 projects,Total investment of 7074.600 million yuan。In Xiongan New Area,Fifty-eight key projects with a total investment of 59.3 billion yuan have been launched recently.,Set off a new upsurge of project construction in the fourth quarter。In Sichuan,Recently, a new batch of major projects in the province in 2023 were promoted on the spot.,A total of 1874 major projects have been launched.,The total investment is 1080.8 billion yuan.……

In order to grasp the progress of the project,“Double section”Period,All localities go all out to pull full project construction“Progress bar”。

October 1,China Mobile in Shuangliu District, Chengdu(Chengdu, Sichuan)On-site Tower Crane of Data Center Phase II Project“Waving giant arms”,Machinery and equipment are running continuously,The workers are busy,The construction of the project is proceeding smoothly.。The project is one of the provincial key new infrastructure projects.,It's the country“East number and west count”An important fulcrum of the project。

National Day holiday,Several key construction projects in the Guangdong-Hong Kong-Macao Greater Bay Area will not be suspended.。It covers an area of about 340000 square meters.、Guangzhou Baiyun Railway Station with a total investment of more than 40 billion yuan,It is a key project in Guangdong-Hong Kong-Macao Greater Bay Area.。In order to complete the task of completion by the end of this year,,More than 5000 employees of China Railway Construction Engineering Group, the conTractor, stick to their posts.,Strive to promote project construction in the front line of construction。

Experts believe that,Accelerated commencement of current projects,Traditional infrastructure began to concentrate its efforts.,It will accelerate the landing of major projects to form a physical workload.。

Railway construction has been significantly accelerated.

From the construction of major projects around the country,Railway construction has been significantly accelerated.。In the near future,A number of high-speed rail lines have been put into operation in China.。

September twenty eighth,Opening of Shanghai-Nanjing high-speed railway along the Yangtze River,Form the second inter-city high-speed railway between Shanghai and Nanjing,Jintan, Jiangsu、Wu Jin、Jiangyin and other southern cities along the Yangtze River are integrated into Shanghai and Nanjing.“One-hour traffic circle”。Same day,China's first cross-sea high-speed railway with a speed of 350 kilometers per hour——Operation of Fuzhou-Xiamen High-speed Railway。September twenty sixth,Operation of Guangzhou-Shantou High-speed Railway。

In addition,Shandong Section of Jizheng High-speed Railway、Tianjin-Beijing Daxing International Airport Railway、Nanchang-Jingdezhen-Huangshan High-speed Railway、Fujian Section of Longyan-Longchuan High-speed Railway、The Lijiang-Shangri-La Railway and other lines are also scheduled to open before the end of the year.。According to the plan of the State Railway Group,This year, the national railway is expected to put into operation more than 3000 kilometers of new lines.,Among them, the high-speed railway is 2500 kilometers.。

State Railway Group data show,From January to August this year,The national railway completed a fixed asset investment of 432 billion yuan.,Year-on-year growth of 7.2%。Many institutions believe that,2023 to 2025,National railway investment is expected to enter a period of acceleration。

Ren Feifei, chief analyst of building materials industry at Cinda Securities, said.,Since this year,The railway transportation industry has always maintained a relatively rapid growth.,It plays a certain role in stabilizing transportation investment.。“New railway projects usually involve major national projects.,The project is progressing relatively smoothly.,It is expected to maintain the growth trend。Local government investment is expected to pick up.,Industry demand is expected to pick up significantly.。”Ren Feifei said。

Financial support is expected to increase

Behind the acceleration of project construction,It is inseparable from the support of funds.。

On the one hand,Speeding up the issuance of local government special bonds。The data shows,In August, the issuance scale of new special bonds was 5945.7.7 billion yuan,A monthly high since this year.;3569 new special bonds issued in September.3.4 billion yuan,Still maintain a relatively fast pace。

“Speeding up the issuance of special bonds,At present, there are sufficient projects under construction.,Promote the continuous landing of physical workload,Infrastructure investment is expected to stabilize in the year。”Guoxin Securities researcher Ren He thinks.。

On the other hand,The voice of increasing the amount of policy-oriented financial instruments is gradually rising.。“Fourth quarter,Financial support for infrastructure construction is expected to increase.,It does not rule out the possibility of further increasing the quota of policy-oriented development financial instruments by 300 billion yuan to 600 billion yuan.。”Wang Qing, chief macro analyst of Dongfang Jincheng International Credit Assessment Co., Ltd., said.。

“The trend of reasonable acceleration of fiscal expenditure in the fourth quarter is expected to continue.,Speeding up the issuance of special bonds is worth looking forward to.。”Chief Economist of Sichuan Finance Securities、Chen Li, director of the Institute, said.。

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