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Infrastructure investment approval speed
Although steady growth has continued to increase since the first quarter, as of now, some data in the second quarter have not significantly recovered.
According to data released by the National Bureau of Statistics recently, from January to May of this year, the country's total investment in fixed assets (excluding rural households) was 17.12 trillion yuan, an increase of 11.4% year-on-year, and the growth rate was 0.6 percentage point lower than that in the first four months. According to statistics from the Statistics Bureau, this figure is already "a ten-pronged decline."
Many agencies predict that due to the lag in policy dividends, the GDP growth rate in the second quarter will have the possibility of falling below 7%. To complete the annual target, it is still more difficult to stabilize growth in the second half of the year.
Media combing found that in terms of mid- and long-term planning of major investment fields such as railways, shed change, and water conservancy, these areas will need to invest several trillion yuan this year. As the economic downward pressure continues to increase, since November last year, the NDRC has newly approved nearly 1 trillion yuan of projects.
Near mid-year, the speed of approval of the relevant projects has accelerated. Only within three days from May 18 to May 20, the National Development and Reform Commission approved nine key areas of construction projects, with a total investment of 458.768 billion yuan. On June 11, the National Development and Reform Commission approved seven other airports and other related construction projects with a total investment of 126.72 billion yuan.
Specifically, the projects approved by the NDRC mainly involve the construction of infrastructure such as roads, railways, airports, and urban rail transit. Some institutional sources stated that in the second half of the year, the peak of construction in the traditional infrastructure sector, especially the railway sector, will gradually come. The advance “layout†of the NDRC is conducive to the rapid advancement of construction and the smooth completion of the annual economic tasks.
This person also stated that many projects require a process from approval to start of construction. The sooner they are approved to start work during the year, the more likely it will be to complete the annual task.
Director of the Research Office of the State Council Xiang Dong believes that despite doubts, it is undeniable that investment is still the key support for China’s current economic growth. “Especially when China’s infrastructure still has many shortcomings, investment space is still abundant.â€
Analysts believe that the systematic release of engineering packages is conducive to the concentration of all parties involved in the construction of the community, but also conducive to systematically "shorting up the board," laying the foundation for the later transformation and upgrading. Among them, the compressor is one of the indispensable equipment for the above-mentioned project construction and later operation.
Whether funds have been put into focus after the policy "open the road"
In order to increase financial support in weak areas, the NDRC has recently deployed and mobilized funds from the central budget for investment. It is required that local governments complete the liquidation of the central budget investment funds for 2014 and previous years by the end of June, and the cleared funds will be It is being used as a key area for funding shortages.
The executive meeting of the State Council has further proposed recently that it is necessary to deepen the reform of the investment and financing system and increase effective investment. Specifically, the meeting proposed to guide financial institutions to establish a fast track, accelerate the approval of loans for major projects, PPP projects, etc., and promote the sustained growth of effective investment.
In addition, the strengthening of the PPP cooperation model has undoubtedly become the biggest attraction for this year's investment. The NDRC has also established a PPP project library to conduct special promotion recently.
Media statistics found that the PPP project released by the National Development and Reform Commission in May covered a number of areas such as water conservancy facilities, municipal facilities, transportation facilities, public services, and resources and environment, totaling 1,043, with a total investment of 1.97 trillion yuan.
PPP also quickly formed a place in places. As of the end of May, 22 provinces have announced PPP project promotion plans, and the estimated total investment exceeds RMB 3 trillion. In the last month, six provinces, including Shandong and Henan, launched a number of PPP demonstration projects with a total investment of more than 766.7 billion yuan.
Among them, the construction of transport facilities is the largest investment in each province. For example, Guangxi has launched six transportation infrastructure projects such as railways, subways, highways, and airports, and plans to invest 29.374 billion yuan, accounting for more than 60% of the total investment plan announced recently. In the list of the first batch of PPP demonstration projects launched in Yunnan, there were 41 transportation infrastructure projects, accounting for more than 80% of the total investment.
In view of the large-scale construction of transportation facilities and the support of national financial policies, there are institutional analysis that the construction and operation of transportation design such as high-speed rail and airports cannot be separated from the application of compressors. At present, the policy is moving in the direction of benefiting the compressor industry. Compressor companies should pay close attention so as to occupy the market in advance.
Compressor company welcomes light
In recent days, the State Council has also steadily increased its “combinationâ€. Premier Li Keqiang presides over the executive meeting, deploys and increases effective investment in key areas, and plays a role in stabilizing growth, restructuring, and benefiting the people. The meeting proposed to increase the central government's investment in the “short-board†basic fields such as the upgrading and transformation of rural power grids, and at the same time introduce a new batch of major engineering packages, emphasizing the use of various means such as government and social capital cooperation (PPP) to expand the stock while revitalizing stocks. Financing channels. Among them, the compressor industry, which is widely used in infrastructure projects, will usher in a new growth point.