China News Service, March 8th. Ning Jizhe, deputy director of the National Development and Reform Commission, said on the 8th that to keep the economy operating within a reasonable range this year, it is necessary to further play the key role of investment, increase the strength of shortcomings, and expand investment space. Strengthen the stamina of investment growth and rationally expand effective investment.

  The State Council Information Office held a press conference on the 8th to thoroughly implement the new development concept to ensure a good start in the "14th Five-Year Plan".

At the meeting, a reporter asked: The Central Economic Work Conference made it clear that in 2021, the construction of major projects will be accelerated, the potential for investment growth will be enhanced, and the key role of investment will be further brought into play.

What are the specific measures to expand reasonable investment this year?

What are the considerations and plans for supporting the construction of new infrastructure?

  Ning Jizhe said that last year, my country became the world's only major economy with positive growth, and investment contributed to it.

To keep the economy operating within a reasonable range this year, it is necessary to further give play to the key role of investment, increase efforts to make up for shortcomings, expand investment space, increase the stamina of investment growth, and rationally expand effective investment.

Mainly from five aspects:

  First, give full play to the guiding and leading role of government investment.

The investment scale in the central budget in 2021 is 610 billion yuan, an increase of 10 billion yuan over the previous year. It will be used to concentrate efforts on major, difficult, and urgent matters at the national level, and actively support the transformation of old urban communities, "agriculture, rural areas" and water conservancy. Construction in key areas such as infrastructure, major national strategies, social undertakings, and ecological civilization construction.

At the same time, this year, local government special bonds will be arranged for 3.65 trillion yuan, the scale is generally stable, and they will be accurately used for transportation, energy, agriculture, forestry and water conservancy, ecological environmental protection, social undertakings, logistics, municipal and industrial park infrastructure and other fields with certain benefits. And public service projects to promote effective investment.

  Second, increase investment to make up for shortcomings and adjust structure.

Today's investment is tomorrow's supply.

It is necessary to accelerate the completion of shortcomings in the fields of infrastructure, municipal engineering, agriculture and rural areas, public safety, ecological and environmental protection, public health, material reserves, disaster prevention and mitigation, and people's livelihood protection.

Expand investment in manufacturing equipment update and technological transformation.

Investment in high-tech industries last year increased by 10.6% year-on-year, which was 7.7% higher than total investment.

This year, we will further strengthen macro guidance, coordinate the industrial layout, focus on energy conservation and environmental protection, new-generation information technology, biology, new energy and other fields, and expand investment in high-tech industries and strategic emerging industries.

  Third, speed up the construction of "two new and one heavy".

In terms of new infrastructure, the "14th Five-Year Plan" new infrastructure construction plan will be issued this year to vigorously develop the digital economy, expand 5G applications, and accelerate the construction of industrial Internet and data centers.

In terms of new urbanization, we will implement urban renewal actions, comprehensively promote the transformation of old communities in cities and towns, and promote urbanization with county towns as an important carrier.

In terms of major projects, the Sichuan-Tibet Railway, Xining-Chengdu Railway, Datangxia Water Conservancy Project and other major transportation and water conservancy projects have been promoted in a timely manner.

  Fourth, promote the better development of private investment.

Last year, private investment maintained a good momentum of recovery and achieved positive growth throughout the year, accounting for 54.9% of the total social investment, which has great potential.

Three "further" measures will be taken this year: First, further mobilize the enthusiasm of private investment, continue to liberalize market access for private enterprises, support the innovative development of private enterprises, and encourage private capital to participate in the construction of "two new and one heavy" projects and to make up for shortcomings.

The second is to further strengthen private investment capabilities, guide banks to increase credit support for private enterprises, and implement cost reduction policies for small, medium and micro enterprises.

The third is to further innovate private investment methods, standardize and promote the government-private partnership (PPP) model, steadily carry out pilot projects for real estate investment trust funds (REITs) in the field of infrastructure, and revitalize existing infrastructure assets.

  Fifth, strengthen project reserves and capital element guarantees.

There are mainly "three perseverances": First, adhere to "projects ahead of investment", this year will be linked with the "14th Five-Year Plan", comprehensively sort out key construction tasks, and actively plan to reserve a group of strong foundations, increased functions, and long-term benefits Accelerate the advancement of the preliminary work of the project.

The second is to insist on "funds follow the project", speed up the issuance of investment plans within the central budget, and organize all localities to prepare for high-quality special bond projects.

The third is to adhere to "the elements follow the project", strengthen departmental communication and coordination, and ensure land use for major national projects.