Order billion engineering package of commercial vehicle can reverse the decline

According to the national development and Reform Commission website information, since May 18, approved a total of more than 4500 billion infrastructure project. In the future there will be a series of steady growth engineering package landing one after another, including this year will exceed 430 billion yuan of investment in network construction. At the same time, many local PPP project is speeding up, some tens of billions or even hundreds of billions of project launched.

The personage inside course of study thinks, the number of macroeconomic indicators show that the current steady growth pressure, speed up the construction project investment is the starting point for steady growth. Relevant departments are stepping up the development of a number of financial initiatives to support infrastructure investment, and increase financial support efforts. The market should pay attention to the positive trend of private capital to participate in infrastructural investment, which will become the effective supplement of government led infrastructure investment, and will help improve the operational efficiency..

Project approval to accelerate

National Development and Reform Commission approved the May 20th Nanjing, Nanchang and Hohhot three urban rail transportation construction plan, involving total investment of 215191000000 yuan. And in the previous 18, the NDRC focused on the disclosure of 6 large infrastructure projects, including 4 railway projects and 2 urban rail transportation projects, the total investment is expected to reach 243577000000 yuan. So far, just within 3 days, there have been more than 450000000000 yuan railway transportation investment approved.

For dense approved railway transit projects, experts said, at present China's economic downward pressure is still relatively large, foreign trade by the impact of the international market obvious, and consumption growth in the short term is difficult to have a big improvement, short term to stimulate economic growth investment only, and railway project investment is relatively large, and can promote the iron and steel, cement and other many other industries, therefore, the national development and Reform Commission will intensive approved railway project.

Luo Guosan, deputy director of the division of fixed assets investment division recently in the macroeconomic situation and policy conference held in the NDRC, said recently may launch a new batch of major engineering package. According to the actual situation, and constantly enrich perfect and the dynamic adjustment of the major engineering package, some in line with the direction, the conditions of the major projects timely added in, form a "four group, that the implementation of a group, approved of a group, reserve a group, planning a number of".

Minsheng Securities believes that this year to complete the target of 7% of GDP, infrastructure investment growth to reach at least 25%, reached $14 trillion, mean after three quarters of infrastructure investment will be compared with the first quarter rebounded significantly.

Increased financial support

Monetary policy repeatedly force is the key to promote the implementation of the key part of the project around. May 11, the central bank [microblogging] cut interest rates again, which is following last year's November and in March this year after the third round of rate cut; and in less than a month after, the central bank has just put the RRR rate is reduced by 1 percentage point.

May 13, decision of the State Council executive meeting, add 50 billion yuan of credit asset securitization pilot scale and pilot banks set aside funds to used in blades, key support for the studio to change, water conservancy, Western Railway construction field.

May 15, the Ministry of finance, the central bank, the banking will again jointly issued a document, the requirements at all levels of local government and banking industry financial institutions to properly handle the financing platform company in the construction of the project follow-up financing, distinguish between the stock and incremental implementation of classification management, compliance in accordance with the law to actively support the financing platform company in the construction of the project and the subsequent financing, to ensure that the projects under construction in an orderly way, effectively meet the financing needs of the real economy reasonable, effectively guard against and defuse financial risks, and calls for banks to the financing platform company loan shall not be blindly pumping loans, loan pressure, stopped lending.

Guotai Junan report that the recent steady growth portfolio that the traditional model of steady growth is more clear, local government financing platform to stop. The next RMB loans will expand rapidly, sheet financing will continue to limit the risk-free interest rate a stirring among the dry bones, downward.

PPP propulsion

The website of the Ministry of water conservancy 21 disclosed that recently, the national development and Reform Commission, Ministry of finance, Ministry of water resources jointly issued the notice on carrying out social capital to participate in the construction of major water conservancy projects the first batch of pilot work, Heilongjiang struggle reservoir, Anhui Jiang Xiang reservoir, Fujian Bai Shishui, Guangdong Hanjiang Gao Po water conservancy hub, Guizhou Ma Ling water conservancy hub and other 12 project as the national level pilot, start the first batch of social capital to participate in major water conservancy project construction and operation of pilot work, through 2 years of time, exploration can be copied, can promote the experience, promote the improvement of the cooperation between the government and the social capital (PPP) policies.

From all over the situation, the current PPP cooperation projects are accelerating forward.

At the beginning of the second half of last year, the Ministry of finance, the national development and Reform Commission successively promulgated a series of encouraging PPP operation policy. At the same time, Ministry of Finance launched 30 demonstration project, the local government also actively explore how to carry out the operation of PPP projects and influence of large, Fan Wai wide can says the unexpected.

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