Infrastructure investment has accelerated, and the scale of investment has continued to expand——
Steady investment injects impetus into stable growth (Sharp Finance)
According to data released by the National Bureau of Statistics recently, from January to May, the national fixed asset investment increased by 6.2% year-on-year, and the rate of decline in the growth rate was narrowed compared with that from January to April; the growth rate of infrastructure investment accelerated, and investment in high-tech industries remained unchanged this year. Since the rapid growth, the leading role of large-scale project investment has been strengthened.
Relevant experts believe that in the future, with the advancement of private investment and investment in new infrastructure construction, the role of investment in promoting the steady growth of China's economy will be further manifested.
Effective investment drives steady economic growth
As the fundamental driving force for stimulating domestic demand, stabilizing investment is an important force for maintaining economic growth.
Luo Yifei, chief statistician of the Investment Department of the National Bureau of Statistics, introduced that from January to May, various regions and departments effectively coordinated epidemic prevention and control and economic and social development, and played a key role in investment. The scale of investment continued to expand, and the investment in fixed assets (excluding farmers) was year-on-year The growth rate was 6.2%, and the growth rate was 0.6 percentage points lower than that of January-April, and the rate of decline was 1.9 percentage points lower than that of January-April.
The data shows that in the first five months, the national infrastructure investment increased by 6.7% year-on-year, the growth rate was 0.2 percentage points faster than the previous four months, and 0.5 percentage points higher than the growth rate of all investment; manufacturing investment increased by 10.6% year-on-year, and the growth rate was higher than The first four months fell by 1.6 percentage points, and the rate of decline narrowed by 1.8 percentage points compared with the previous four months; investment in high-tech industries increased by 20.5% year-on-year, and the growth rate has remained above 20% since the beginning of this year.
At the same time, the leading role of investment in large projects has been strengthened.
In the first five months, the completed investment of projects with a planned total investment of 100 million yuan and above increased by 10.2% year-on-year, 4 percentage points higher than that of the total investment; the contribution rate to the growth of the total investment was 83.3%, an increase of 2 percentage points over the previous 4 months; Total investment increased by 5.2 percentage points.
"At present, China's economy is facing downward pressure, and investment has become an important carriage driving China's economic growth." Yu Miaojie, deputy dean of the National Development Institute of Peking University, analyzed to this reporter, "From the perspective of investment form, infrastructure investment has a significant impact on the economy. The driving effect of growth is more significant. At the same time, the rapid growth of investment in manufacturing and high-tech industries is conducive to promoting the transformation and upgrading of the manufacturing industry and promoting the stable and healthy development of China's economy."
Promote the high-quality development of private investment
Private investment is of great significance to maintaining the steady growth of overall investment.
In the first five months of this year, private investment increased by 4.1%, accounting for 56.9% of the overall investment.
Among them, private investment in manufacturing increased by 18.9%, private investment in infrastructure increased by 9.1%, and the quality of private investment further improved.
Since the beginning of this year, due to the complex and volatile international situation and the spread of domestic epidemics, the growth rate of private investment has continued to be lower than that of overall investment.
The executive meeting of the State Council held on June 15 deployed measures to support private investment and promote projects that serve multiple purposes.
Meng Wei, spokesperson of the National Development and Reform Commission, said that implementing various policies and measures to encourage the development of private investment and improving the policy environment for private investment will help to better stabilize market expectations and investment confidence, and promote the high-quality development of private investment.
On the one hand, it is necessary to play the role of major project traction and government investment leveraging.
"According to the 102 major projects in the 14th Five-Year Plan, major national strategies and other clear key construction tasks, we will select projects with a certain level of income and relatively mature conditions, and adopt various methods to attract private capital to participate." Meng Wei said , when arranging various types of government investment funds, treat private enterprises equally, and give play to the guiding and leading role of government investment.
On the other hand, promote the accelerated implementation of private investment projects.
It has a strong driving effect on promoting economic and social development, promoting industrial transformation, and accelerating technological progress. Private investment projects with large investment scale should be actively included in the key investment project database of various regions, and the use of land (sea), energy and water should be strengthened. , funding and other factors.
Meng Wei introduced that the National Development and Reform Commission will further promote the accelerated development of private investment by encouraging private investment to actively participate in revitalizing existing assets, strengthening private investment and financing support, supporting the standardized development of private enterprises, and continuously optimizing the private investment environment.
Promoting investment in new infrastructure construction
In the first four months of this year, more than 190,000 new 5G base stations were built nationwide, 1.653 million new Gigabit network ports were added, and the total number reached 9.54 million, and the number of racks in the national hub node data center exceeded 540,000 standard racks... At present, the investment in new infrastructure construction maintains a steady growth, and the development is very resilient. The role of supporting epidemic prevention and control, resumption of work and production, and maintaining the stability of the industrial chain and supply chain is more prominent.
Meng Wei introduced that in terms of investment in new infrastructure construction, from the current situation of reserve projects, various localities and key enterprises will increase investment in the second half of the year, and a number of major projects will start construction, especially social capital investment has great potential .
The National Development and Reform Commission will continue to promote the construction of key projects with various localities and relevant departments.
Accelerate the improvement of the basic network of small and medium-sized cities in the central and western regions, and select a group of small and medium-sized cities in the central and western regions with outstanding industrial characteristics and good development foundations for centralized support.
At the same time, accelerate the in-depth integration of 5G, artificial intelligence, big data and the real economy, build a number of important integrated infrastructure and computing power infrastructure, and actively explore new technologies, new industries, new formats, and new models.
Strengthen the layout of the national integrated big data center, increase support around planning, network, energy use, etc., support the construction of the "East and West" project, and promote the construction of various hub nodes to take effect as soon as possible.
In terms of investment and financing, the State Council recently issued a package of measures to stabilize the economy, proposing to speed up the issuance and use of local government special bonds and expand the scope of support, including new infrastructure for the first time.
Meng Wei introduced that the National Development and Reform Commission will actively promote banking financial institutions, real estate investment trusts (REITs) in the infrastructure sector to invest in major new infrastructure construction projects, give play to the role of venture capital guidance funds for emerging industries, and provide financing for small and medium-sized enterprises in related fields. Convenience, and further stimulate the enthusiasm of social capital investment.
Liao Ruiling