CCTV News ×Sany Heavy Industry: China's economy has a steady start!

Since the beginning of the year, a number of major projects in the fields of transportation and energy in China have been steadily advanced, and effective investment has been expanding, promoting the steady start of China's economy.

On the construction site of Nanning Pumped Storage Power Station, one of the key projects of the national "14th Five-Year Plan", more than 800 workers are working hard to step up construction. In the newly excavated building, the installation of the first unit outlet pipe is underway.

According to the "excavator index" based on the tree root interconnection industrial Internet platform, in January, the overall operating rate of construction machinery in the country reached 47.81%, more than 7 percentage points higher than the same period last year, and the pace of infrastructure construction in many large provinces such as eastern and central China has accelerated.

Speeding up the cultivation of new quality productive forces has been the focus of efforts in many places since the beginning of the year. Among the first batch of major projects to start construction in Anhui, emerging industry projects accounted for 55%; Of the 600 provincial major industrial projects in Jiangsu Province, nearly 500 are strategic emerging industries and future industries; Among the 700 key projects in Sichuan, 348 are projects of modern industrial system.

Since the beginning of the year, China has continuously strengthened its policies to attract private investment to participate in major engineering projects. Shandong Province clearly supports the participation of private enterprises in the construction of railways, highways, urban infrastructure and other projects. Among the 333 "thousands and trillions" major projects that started in Zhejiang Province at the beginning of the year, the number of industrial projects with private enterprises as the main investment body accounted for nearly half, hitting a new high. Shaanxi Province will give 50 million yuan of interest subsidy to private investment projects in line with the direction of industrial development.

Sheng Lei, deputy director of the Investment Institute of the China Macroeconomic Research Institute, said that around the central government's decision-making and deployment, the construction of major projects has been further increased, and the integration of traditional infrastructure and new infrastructure has been accelerated; Advantageous industries and new quality productivity momentum are continuing, and multiple investment entities such as government investment and private capital form a joint force and resonance to jointly promote profitable investment and form high-quality supply.

The National Development and Reform Commission said that it will promote the construction of additional treasury bond projects as soon as possible, further accelerate the issuance and implementation of investment plans in the central budget, and strengthen the supervision of the whole process of projects. The Ministry of Finance said that this year, it will continue to arrange local government special bonds of appropriate scale to support local governments to increase their efforts to make up for shortcomings in key areas and improve investment efficiency. The implementation of these policies will further enhance the endogenous driving force of China's economic development.

Article source: CCTV News