Recently summary for the amount of investment in fixed assets in 23 provinces released a total of about 45 trillion yuan, the National Development and Reform Commission Secretary General, spokesman Lee Park Min said at a news conference today that "investment in fixed assets" and. ..
In response to the recent fixed-asset investment quota of about 45 trillion yuan issued by 23 provinces, Li Pumin, secretary general of the National Development and Reform Commission and spokesperson, said at the press conference held today that “the scale of fixed assets investment†and “investment†The stimulus plan is not the same thing, not comparable. Li Pumin said that “the scale of investment in fixed assets†is the workload of the whole society in the manufacture and purchase of fixed assets activities in monetary terms and related expenses. The “scale of investment in fixed assets†includes both government investment and private investment. Other investments such as foreign investment. Like GDP, it is a concept of totality, not an incremental one. The so-called "investment stimulus plan" is to actively increase the scale of government investment to stimulate domestic demand and stabilize growth in the absence of demand during special periods.
It is reported that the “4 trillion†plan implemented in 2008 is an initiative launched in response to the impact of the international financial crisis on China's economy. It is mainly used for infrastructure construction, housing construction, Wenchuan earthquake reconstruction, and social life. Zhu Zhenxin, head of the PPP Research Center of the China Minsheng Securities Research Institute, said in an interview that the “4 trillion†in 2008 was an increase in fixed asset investment, while “45 trillion†was the annual work arrangement of the local government. A normal stock.
“A few days ago, the National Bureau of Statistics released figures. In 2016, China’s fixed asset investment in the whole society was 60.65 trillion yuan, a year-on-year increase of 7.9%. According to this speed, in 2017, 32 provincial-level units (including Xinjiang Production and Construction Corps) The scale of investment in fixed assets will reach about 65 trillion yuan, which is basically matched with the investment of 45 provinces in 23 provinces reported by some media." Li Pumin said.
"At present, China's economic development has entered a new normal, restricting economic development factors, both supply and demand, but the main aspects of contradictions are on the supply side." Li Pumin said that to promote stable and healthy economic development and social harmony and stability, we must follow new developments. The requirements of the concept, adhere to the promotion of supply-side structural reform as the main line, moderately expand the total demand, strengthen the expected guidance, deepen the drive for innovation, and increase the efforts of key areas and weak links to complement the shortcomings.
"We must proceed from satisfying the demand, starting from the important areas and key links that seriously restrict economic development, and starting from the outstanding problems that the people urgently need to solve, not only making up the short board but also filling the short board, supplementing the short board of development. Short-term system, increase effective supply, and resolutely prevent the formation of new excess capacity and blindly repeat construction." Li Pumin said.
Related reading: Development and Reform Commission: can not engage in "big flood irrigation" type strong stimulation
On the 1st, the National Development and Reform Commission held a press conference on the "13th Five-Year Plan for the Development of Modern Comprehensive Transportation System". Li Pumin, a spokesman for the National Development and Reform Commission, said that in 2017, 32 provincial-level units (including Xinjiang Production and Construction Corps) were fixed. The scale of asset investment will reach about 65 trillion. At present, China's economic development has entered a new normal, restricting economic development factors, both supply and demand, but the main aspects of contradiction are on the supply side, promoting stable and healthy economic development and social harmony and stability, and cannot engage in "big flood irrigation" Strong stimulus, we must resolutely prevent the formation of new excess capacity and blindly repeat construction.
Li Pumin said that the transportation infrastructure network was initially formed. As of the end of last year, the operating mileage of China's high-speed railways, highways and urban rail transit reached 22,000 km, 130,000 km and 3,800 km respectively, and the number of berths of 10,000-ton and above was more than 2,200. These indicators ranked first in the world. The natural gas pipeline network has been accelerated, the transportation infrastructure conditions have been greatly improved, and the quality and service scope of transportation has been continuously improved and expanded.
Li Pumin said that in 2016, China's fixed asset investment in the whole society was 60.65 trillion yuan, a year-on-year increase of 7.9%. According to this speed, the fixed assets investment scale of 32 provincial-level units (including Xinjiang Production and Construction Corps) will reach 65 trillion yuan in 2017, and the investment in 23 provinces reported by some media may reach 45 trillion this year. Basically matched. The so-called "investment stimulus plan" is to actively increase the scale of government investment to stimulate domestic demand and stabilize growth in the absence of demand during special periods. At present, China's economic development has entered a new normal, restricting economic development, both supply and demand, but the main aspects of contradiction are on the supply side. Therefore, in accordance with the requirements of the new development concept, we must adhere to the promotion of supply-side structural reform as the main line, moderately expand the total demand, strengthen the expected guidance, deepen the drive for innovation, and increase the efforts of key areas and weak links to complement the shortcomings. It is necessary to proceed from the satisfaction of demand, from the important areas and key links that seriously restrict economic development, and start from the outstanding problems that the people urgently need to solve, not only to make up the short board but also to fill the short board, not only to supplement the development short board but also to supplement the system. Short-board, increase effective supply, and resolutely prevent the formation of new excess capacity and blindly repeat construction.
Case Presentation,Pvb Film-Sgp Film-Eva Film,Pvb Film,Sgp Film,Eva Film
HUAKAI FENGSHI TECHNOLOGY (CHONGQING) CO., LTD. , https://www.cqhkpvb.com