The State Council issued a document to increase infrastructure, railway investment is expected to exceed 800 billion this year.
Release time:
2018-12-25
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In the first half of this year, the growth rate of fixed asset investment hit a 19-year low amid a fall in infrastructure investment. However, in the second half of the year, both infrastructure and fixed investment growth are expected to pick up as infrastructure makes up for shortcomings.
The General Office of the State Council issued the "Guiding Opinions on Maintaining the Strength to Make up for Shortcomings in the Infrastructure Field" (hereinafter referred to as the "Opinions") on the 31st, pointing out that the overall investment growth rate has slowed down since the beginning of this year, especially the growth rate of infrastructure investment has fallen more. There is a large investment gap in some fields and projects, form a virtuous circle of mutual promotion of supply and demand, and ensure that the economy operates within a reasonable range.
The "opinion" points out that we should adhere to the principle of neither over-reliance on investment nor investment, and prevent major ups and downs, focus on key areas and weak links, maintain efforts to make up for weaknesses in the field of infrastructure, and further improve infrastructure and public services. we will improve the quality of infrastructure supply, give better play to the key role of effective investment in optimizing the supply structure, and maintain steady and healthy economic development.
Railway investment is expected to reach 800 billion.
In terms of specific areas, there are 9 major areas including poverty alleviation, railways, roads and water transportation, airports, water conservancy, energy, agriculture and rural areas, ecological and environmental protection, and social and people's livelihood.
Among them, in the railway field, we will focus on the central and western regions, accelerate the promotion of the "eight vertical and eight horizontal" main channel project of high-speed railway, expand regional railway connection lines, and further improve the railway backbone network. Accelerate the construction of a number of strategic and landmark major railway projects. Promote the planning and construction of intercity railways in Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong-Hong Kong-Macao Greater Bay Area and other regions. Accelerate the construction of national development railways. Implementation of a number of collection and dredging port railways, railway special line construction and hub renovation projects.
A person in the traffic engineering industry told the reporter that at present, the highway construction in the developed coastal areas has become increasingly saturated, and now high-speed rail, intercity rail and subway have become the focus of the developed eastern coastal areas. in recent years, railway investment in the developed eastern coastal areas has gradually exceeded highway investment.
According to the analysis of the vice president of the Guangdong Institute of Physical Reform, high-speed rail and intercity rail are now being built in various places. Even in the developed coastal areas, railway construction still has a lot of room for development. For example, in Guangdong, the largest economic province, the construction of high-speed rail channels from the Pearl River Delta to the underdeveloped areas in the east and northwest of Guangdong is accelerating.
In the western region, high-speed rail construction also has a huge space. On the 30th, the National Development and Reform Commission website announced the ''Approval of the Feasibility Study Report on the New Chongqing-Qianjiang Railway'', which pointed out that in order to further implement the development strategy of the Yangtze River Economic Belt, improve the layout of the high-speed railway network, and accelerate the formation of the main high-speed railway channel from Chongqing to Xiamen. Promote the economic and social development of the areas along the line, and agree to build the Chongqing-Qianjiang high-Qianjiang high-speed railway. The line starts from Chongqing Station, passes through Banan, Nanchuan, Wulong, Pengshui, and ends at Qianjiang Station. The main line is 265 kilometers long and has 8 stations. The design speed of the section from Chongqing east to Qianjiang is 350 kilometers per hour. The total estimated investment of the project is 53.5 billion yuan.
With the acceleration of infrastructure to make up for shortcomings, railway investment has also accelerated. On October 8, the Shanghai-Su-Hu high-speed rail project with a total investment of 36.795 billion yuan was approved; on the same day, the construction of Jiangsu high-speed rail and the inter-city railway along the southern Jiangsu River held a kick-off meeting, and the southern Yangtze River high-speed rail officially started. There are 8 stations in Wujin, Jiangyin, Zhangjiagang, Changshu and Taicang, with a design speed of 350 km/h. The running time from Taicang to Nanjing will be more than one hour. Not only Taicang, but also the distance between cities along the route and Shanghai and Nanjing will be shortened.
On October 10, the third meeting of the Central Finance and Economics Committee was held, and the Sichuan-Tibet Railway with a total investment of about 270 billion yuan was fully planned and constructed.
Data show that in September this year, the railway investment 110 billion yuan. In the first nine months, the total investment in railway fixed assets has reached 572.289 billion yuan, accounting for 78.19 of the annual plan. According to the plan drawn up at the beginning of this year, the national railway fixed asset investment will be 732 billion yuan this year. According to the analysis, the completion of the 732 billion yuan plan formulated at the beginning of this year should be a certainty and is even expected to exceed 800 billion yuan.
On October 25, the National Development and Reform Commission held the seventh preliminary work consultation meeting of railway construction projects in Beijing. Hu Zucai, deputy director of the National Development and Reform Commission, said that overall, the railway "13th Five-Year Plan" is progressing smoothly, but there are also problems such as lagging in the preliminary work of some projects and increasing difficulty in raising construction funds. In the second two years of the "Thirteenth Five-Year Plan", we will focus on promoting major national strategic projects and remaining backbone channel projects, opening up the "last mile" project and key urban agglomeration intercity and municipal railway projects.
In terms of railways, in August, Xiao Weiming, inspector of the Western Development Department of the National Development and Reform Commission, said that transportation infrastructure is still the key task of the western development, and it is necessary to speed up the formation of a transportation network with trunk (high-speed) railways and highways as the main framework. During the 13th Five Year Plan period, we should focus on promoting the construction of ten high-speed railway channels, specifically, three links and seven constructions.
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