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More than 1.5 trillion infrastructure projects approved

ECHEMI 2020-01-13

In 2019, all the work entered the closing period. The reporter of Securities Daily found that since December, the national development and Reform Commission has approved a number of infrastructure projects, involving more than 270 billion yuan of capital, mostly concentrated in rail transit, high-speed rail, airport and other fields. Overall, since this year, the national development and Reform Commission has approved nearly 60 infrastructure projects, involving more than 1.5 trillion yuan. It is noteworthy that the national development and Reform Commission issued the reply on adjusting the second phase construction plan of Beijing Urban Rail Transit on December 19, pointing out that in order to implement the coordinated development strategy of Beijing, Tianjin and Hebei, improve the service level of Beijing urban rail transit network, better support the construction of Beijing sub center, the development of Beijing Daxing International Airport, and better serve the 2022 Beijing Winter Olympic Games, the original was annotated The second phase construction plan of Beijing Urban Rail Transit (2015-2021) is agreed. The main adjustment content involves new airport line, Pinggu line, Lize financial and business district and other places.

 

The project capital reaches 150 billion yuan. On December 25, the national development and Reform Commission also issued the reply to the feasibility study report of the new Baotou Yinchuan high speed railway Baotou Huinong section (including the Yinchuan BAYANHOT branch line), the reply to the feasibility study report of the new Shenyang Baihe high speed railway and the reply to the feasibility study report of the new Ruijin civil airport project in Jiangxi, with the funds of 54.63 billion respectively RMB 72.291 billion and RMB 1.66 billion. Tang Chuan, an expert in the expert database of the Ministry of Finance and research director of 360 financial PPP Research Center, said yesterday in an interview with Securities Daily that next year will be the end of the 13th five year plan, so this and next two years will be the 13th five year plan for the development of modern comprehensive transportation system and the 13th five year plan for railway Development plan, and the completion stage of the hard targets set in the medium and long term railway network plan. In addition, the national new urbanization plan (2014-2020) and several opinions on promoting the integrated development of transportation and tourism also proposed that by 2020, the general railway network will cover more than 200000 population cities, and the rapid railway network will basically cover more than 500000 population cities, basically forming the requirements of "fast forward" and "slow travel" tourism transportation infrastructure network. Therefore, under the multi task index, the railway project will inevitably enter the peak of construction and development in this year and next year.

 

On December 29, Xu Guangrui, executive director of China new future research institute of science and technology, said in an interview with Securities Daily that there are two highlights from the reply of the national development and Reform Commission. On the one hand, infrastructure projects pay more attention to making up for shortcomings and benefiting the people's livelihood. On the one hand, they strive to build a powerful transportation country, and build "one hour transportation circle", urban transportation integration project, and new intelligent transportation infrastructure for large cities. On the other hand, they increase investment in urban and rural areas, including rural road hardening, village appearance improvement, waste water treatment, urban underground pipe network, and old community reform The second is to lay the foundation for future development, including the new infrastructure with new technology as the main direction to become a new growth point in the investment field this year, and to introduce policies and measures to encourage the acceleration of the layout of new digital infrastructure and the innovation and application of new technology. Wang Qing, chief Macro Analyst of Dongfang Jincheng, said in an interview with reporters yesterday that the acceleration of infrastructure investment in 2020 may be mainly reflected in three areas.

 

First, the traditional "iron public base" projects still have some space for growth, but they are mainly inclined to some strategic and network-based transport infrastructure, which is everywhere Flowering will not occur, and the growth rate of investment will be relatively moderate. Secondly, the investment growth rate of "new infrastructure" represented by 5g, industrial Internet, municipal pipe network, urban parking lot and cold chain logistics will obviously accelerate. In this regard, the investment of social capital is the largest, and the key is to further improve the investment environment including market access. Finally, in the context of the decisive year of poverty alleviation, a number of rural infrastructure improvement projects may become an important driving point, such as rural road, information, water conservancy and other infrastructure construction.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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