Abstract More than half of the time, this year's high-speed railway investment of over 800 billion yuan still has to be completed. July is a traditional investment recovery node, and railway construction will start to accelerate substantially this month. China Railway Corporation reported this week that it will have an investment scale of over 3,000...
More than half of the time, this year's high-speed railway investment of over 800 billion yuan still has to be completed. July is a traditional investment recovery node, and railway construction will start to accelerate substantially this month. China Railway Corporation reported this week that it will start projects with an investment scale of over 300 billion yuan.
However, for the railway development fund that is eager to come out, people familiar with the matter said that it remains to be seen.
300 billion projects are intensively started
After the continuous decline in investment data, the railway will start to pick up from the third quarter. Xinhua News Agency said that the recent 14 railways started to work, with a total mileage of 3712 kilometers and an investment scale of 327.3 billion yuan.
The First Financial Daily learned from the China Railway Corporation that 14 railways in the central and western projects accounted for more than half, including Ejina to Hami Railway, Huai Shaoheng Railway, Hangzhou to Huangshan Railway, Harbin to Jiamusi Railway, and Shanghai Railway (Changjiang). Bridge) and so on. Among them, the first three railways have started construction on Monday.
Wang Mengshu, an academician of the Chinese Academy of Engineering, said in an interview with this newspaper that the second half of the year is the traditional peak season for railway investment. This year, the railway investment task is high, and the investment in the first half of the year is relatively low. In the next half year, the investment peak should be advanced to prevent the end of the year.
Another official in the transportation field told this newspaper that the central steady growth signal has been continuously strengthened, and the State Council recently sent an inspection team to supervise the implementation of relevant policies, which have greatly stimulated departmental and local intensive investment in infrastructure projects.
It is worth noting that while a large number of railways are intensively started, the localities have adjusted their railway investment plans. According to official Zhejiang news, 16 railway projects were started between 2014 and 2017. It is estimated that by 2020, the mileage of Zhejiang railways will double by 4,000 kilometers.
The reporter learned that the total length of these 16 projects in Zhejiang is about 1,500 kilometers, including the transformation of 144 kilometers of existing lines, and will focus on improving the weak links of the existing road network. The estimated annual investment is about 20 billion yuan.
According to estimates, the total investment of 16 projects is about 135 billion yuan, and Zhejiang needs to bear about 45 billion yuan of capital. The rest will be digested through various financing channels.
In the southwest, Guizhou has proposed to complete the railway investment of 33 billion yuan in the year, an increase of 2 billion yuan over the target at the beginning of the year.
There is still no major breakthrough in financing
Although the State Council has repeatedly arranged for the deployment of railway investment and financing reforms, the reporter learned from informed sources that there is no significant progress at the top level.
In order to quickly reach the funds, the iron has done a lot of research and exploration in revitalizing the land stock.
From the local point of view, the road to land, the introduction of external capital and the issuance of bonds are currently the three major financing channels.
The reporter found that the total investment of the provinces to open to private capital has exceeded 1.5 trillion yuan.
On June 27, Chongqing's state-owned key enterprises launched 110 joint projects worth 265 billion yuan for non-public capital. On June 26, 97 major projects with a total investment of 121 billion yuan in Guangdong Province were invited to bid for private investment; June 25 Gansu Province first launched 100 projects to encourage social capital investment in areas such as infrastructure; on June 23, Jiangxi Province opened 300 demonstration projects for non-state-owned capital, and plans to introduce 270.1 billion yuan of non-state-owned funds.
For the characteristics of railway investment and financing reform at this stage, Wang Mengshu believes that the highlight is the railway for all. "There are enough highways in various provinces. Now it is necessary to stop repairing highways. The cost of repairing highways should be transferred to the railways, and resources should be saved." He believes that the country has to invest in this aspect, and now the country does not vote. The provinces and cities in the west should be considered for support. Because this investment is relatively small, dozens of billions can build a railway, and the big railway is more than 100 billion.
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