Several batches of investment within the central budget have been issued recently, and the total scale in 2021 will increase by 10 billion yuan over the previous year.


  In these areas, government investment drives social investment

  Recently, investment within the central budget has frequently "showed up": The executive meeting of the State Council proposed to strengthen the support of investment within the central budget for the construction of public training bases, and the National Development and Reform Commission issued the second batch of investment within the central budget for the Beijing-Tianjin-Hebei coordinated development special project in 2021. About 1.8 billion yuan, the Qiongbei Water Supply Project in Hainan Province received 400 million yuan investment support from the central budget... Data shows that the investment scale within the central budget in 2021 is 610 billion yuan, an increase of 10 billion yuan over the previous year.

What is investment within the central budget?

What are its main fields?

How to further strengthen management?

  The scale of investment within the central budget continues to increase

  ——In 2021, the investment scale in the central budget will be 610 billion yuan, an increase of about 40% over 2013, mainly in the public sector

  Leveling the land, dredging ditches, and building pumping stations-during this period, the site of a high-standard farmland construction project in Dongying District, Dongying City, Shandong Province was full of enthusiasm.

Project leader Gao Bin said: "This project is supported by investment within the central budget. At present, 70% of the project has been completed. We are accelerating the construction progress and strive for completion in April next year."

  This year, 22 billion yuan will be invested in the central budget to support the construction of 100 million mu of high-standard farmland across the country.

Gao Bin said: “The original infrastructure such as channels, bridges, and culverts in the area where this project is located has been in disrepair over the years, and the roads in the fields are mostly dirt roads with uneven heights and different widths, which brings inconvenience to agricultural mechanization operations. To promote the construction of high-standard farmland This time, we won more than 50 million yuan of investment funds in the central budget, which are mainly used for fertilization of 27,750 acres, construction of 5 pumping stations, and 305.44 kilometers of dredging ditches. After the project is completed, an additional water-saving irrigation area will be increased by 5.3 10,000 mu, with a 100% access rate of roads in the area, directly benefiting more than 10,000 rural households."

  Investment in the central budget is the central fiscal construction funds used for fixed asset investment, which can be used for new construction, expansion, reconstruction, technological transformation, etc. The arrangements include direct investment, capital injection, investment subsidies, and loan interest discounts.

As part of government investment, investment within the central budget has always attracted attention.

  In recent years, the scale of investment within the central budget has continued to increase.

The data shows that the investment scale in the central budget in 2021 is 610 billion yuan, an increase of about 40% compared to 2013. It is mainly invested in social welfare services, public infrastructure, agriculture and rural areas, ecological environmental protection and restoration, major technological progress, social management, and compliance. Other public areas regulated by the state.

  "This year, Guizhou Province has secured a total investment of 3.887 billion yuan in the central budget issued by the National Development and Reform Commission in the social sector, ranking it among the top in the country." The six major areas of tourism, social assistance, and sports, involving 346 projects in public kindergartens, county-level hospitals, and social football fields, are conducive to making up for shortcomings, strengths and weaknesses, and improving quality of public services in the social sector in our province."

  A few days ago, the National Development and Reform Commission and the Ministry of Water Resources issued the "Notice on Issuing the Central Budgetary Investment Plan for Related Water Conservancy Projects in 2021", which issued a central budgetary investment plan of 400 million yuan for the Qiongbei Water Supply Project in Hainan Province.

In addition to the first batch of central budget investment plans for the national water network backbone project issued at the beginning of the year, a total of 3.27 billion yuan in the central budget investment plan for major water conservancy projects in Hainan Province was issued in 2021, a record high.

Wu Shufeng, head of the Construction Management Department of the Qiongbei Project of Hainan Hydropower Group, said: "Now that the investment funds in the central budget have been put in place, this allows us to have funds for the next land acquisition and construction, and the construction of the project can be fully launched next year."

  Leading and leading role is significant

  ——Investment in the central budget accounts for about 1% of the country’s total fixed asset investment, driving social capital investment in related fields

  Investment within the central budget continues to increase, but compared with the total fixed asset investment in the country, its scale is not large, accounting for about 1%.

How to use the limited funds well and out of the level?

  Bai Jingming, a researcher at the Chinese Academy of Fiscal Sciences, said that as my country’s investment and financing system reforms continue to deepen, significant results have been achieved in promoting the marketization of factor allocation and implementing the status of corporate investment subjects. In recent years, corporate investment has accounted for about 95% of the total social fixed asset investment. , The proportion of private investment remains above 60%.

Compared with corporate investment, investment in the central budget is mainly used to concentrate efforts on major, difficult, and urgent matters at the national level, especially in areas where the market cannot effectively allocate resources at this stage, mainly non-operating projects.

  Bai Jingming further pointed out that, from the perspective of the direction, investment within the central budget focuses on making up for shortcomings, adjusting the structure, and emphasizing the role of improving infrastructure supply capacity and optimizing infrastructure supply structure in promoting high-quality development.

In this process, the government is not singing a "one-man show". The investment within the central budget can give full play to the guiding and leading role, encourage social funds to invest in related fields, and form a benign interaction with corporate investment.

  Among the investment directions within the central budget this year, the transformation of old communities in cities and towns is one of the key points.

"Our community has been around for a long time and there are many problems. This renovation has brought about a lot of changes, especially the problems of blocked sewers, messy greenery, and insufficient parking spaces that have plagued me before, all have been well resolved." Tan Li Hongxue, who lives in Yuelu District, Changsha, Hunan, was very satisfied with the new upgrade of the community infrastructure.

  Since the beginning of this year, Changsha City has taken multiple measures to strengthen the capital guarantee for the renovation of old urban communities and supporting construction.

In 2021, Changsha will strive for an investment of 264 million yuan within the central budget, which will drive the total annual investment of 1.572 billion yuan in the renovation of old communities.

Up to now, 367 old community reconstruction projects in cities and towns have been started, benefiting more than 50,000 households.

According to Zhou Fei, director of the Changsha Urban Human Settlements and Environment Bureau, during the "14th Five-Year Plan" period, Changsha plans to invest about 14.4 billion yuan to basically complete the transformation of 1,816 old communities in cities and towns that need to be renovated before the end of 2000, benefiting 270,000 residents. Household.

  Good steel is used on the cutting edge, and the role of the central budget’s investment in the “four two-two-thousand-thousand” investment is accelerating in more areas.

According to data from the National Development and Reform Commission, in terms of major national scientific and technological infrastructure, this year’s central budget will invest 6 billion yuan, directly driving local supporting investment 4 billion yuan, and indirectly driving social R&D investment tens of billion yuan; around the construction of social football venues and facilities , In 2020, the central budget will invest 3.5 billion yuan, an increase of 233% over 2019, and drive local fiscal and social funds to invest about 8.5 billion yuan; focus on the pilot demonstration work for work-for-work, and the National Development and Reform Commission will specialize this year. Arrange 500 million yuan of investment within the central budget, and leverage 410 million yuan of local fiscal funds and social funds...

  Strictly standardized management of projects and funds

  ——This year, the National Development and Reform Commission has issued more than 20 special management measures for investment within the central budget, covering areas such as ecological protection and restoration, and affordable rental housing

  Next, how to further play the role of investment within the central budget?

  Recently, a series of policy documents have been intensively released to make arrangements for work in various fields for a period of time in the future. Among them, "central budget investment" is one of the key words: to adapt to the funding needs for the development of aging undertakings for a period of time, continue to increase investment in the central budget Support; continue to arrange investment in the central budget to ensure the investment in rural environmental improvement; investment in the central budget will favor the construction of infrastructure and basic public service facilities in key ecological function areas; through investment in the central budget and green bond issuance by enterprises, etc. Support the resource utilization and harmless treatment of kitchen waste, and guide social capital to actively participate...

  Bai Jingming believes that in the specific process of advancement, since the investment in the central budget is mainly invested in infrastructure and public welfare fields related to the national economy and people’s livelihood, the general investment scale is large, there are many coordination factors, and the construction conditions are complicated. The investment management system and management methods should be continuously improved. Straighten out management responsibilities in accordance with the law, improve management capabilities, tighten standardized management of projects and funds, and strengthen rigid constraints on investment management.

  In terms of fund management, from August 1 this year, the "Administrative Measures for the Project Management of Investment Capital in the Central Budget" came into effect.

So far, the four statutory central budget arrangements for investment funds, direct investment, capital injection, investment subsidies, and loan interest discounts, have corresponding project management methods.

The relevant person in charge of the National Development and Reform Commission pointed out that the "Measures" have filled up the gap in the management of the investment capital in the central budget for the project management system. Together with the Project Management Measures, a government investment management system has been established with the "Government Investment Regulations" as the leader, departmental regulations as supporting facilities, and related regulatory documents as the support.

  In specific areas, more and more special management measures have been expedited.

The reporter found out that in this year alone, the National Development and Reform Commission has issued more than 20 special management measures for investment within the central budget, covering ecological protection and restoration, urban and rural cold chains and the construction of national logistics hubs, guaranteed rental housing, food and other important agricultural products. Storage facilities, education power promotion project (the direction of public training base construction) and many other fields.

  "Investment in the central budget should grasp the boundary of'doing something, not doing something', further handle the relationship with enterprise investment, and insist on creating necessary infrastructure and external environmental conditions for enterprise investment." Bai Jingming said, my country's development At this stage, the investment demand potential is still huge, and the key is to select the right fields and projects.

In the process of self-investment, it is necessary to focus more on key areas and conduct scientific demonstration of projects to ensure a certain expenditure intensity, further accelerate the expenditure progress, improve efficiency, stimulate the vitality of social investment, and continuously increase effective investment.

  Reporter: Qiu Haifeng