The current position Home > NEWS > INDUSTRY NEWS >
Infrastructure investment and then jump into this feast who

In general, the Spring Festival in January is the traditional off-season of the project started, but according to the relevant research shows that the excavator for mechanical engineering is off-season is not short. Since the second half of last year, the excavator production gradually higher, combined with high-frequency machinery industry, engineering vehicles and other data, this year's investment started earlier than expected, behind it is the government since last year, steady growth policy overweight, Real estate investment on the economic growth of pulling strong. This point, from the recent announcement of about 50 trillion fixed asset investment plan plate is evident.
With the reduced efficiency of investment, to maintain a high investment growth will be on the macroeconomic operation of what kind of fluctuations in the implementation of the "three to a comeback" what kind of interference and constraints? There are many views in both circles that, although infrastructure investment can be short-term bottom economy, but in the long run, it may exacerbate the complex economic situation, blocking the transformation of economic development model.
More noteworthy is that the current infrastructure investment depends on the policy of issuing bonds, local government PPP keen to engage in industry guidance funds, the relevant departments to relax the local government financing platform for part of the restrictions, etc., which will make local government debt further rise, Exacerbate China's economic debt ratio and leverage.
In the economy from high-speed to high-speed shift in the case, China to adjust the macro-control thinking to reform the short-term pains in exchange for long-term economic model upgrade, determined to clarify the relationship between the government and the market to promote decentralization, Give full play to the market in the allocation of resources in the decisive role, pushing the reform of state-owned enterprises, to relax the access to private enterprises, improve the market economy system transition, out of a new road of economic growth.
Local government overweight investment in infrastructure is strong, but where does the money come from? Government and enterprise accumulation of debt risk and other issues to make infrastructure investment force there are worries
On March 5, the fifth session of the 12th National People 's Congress was held at the opening ceremony of the Great Hall of the People. Premier Li Keqiang of the State Council made a report on the work of the government. The government work report suggested that GDP growth this year, about 6.5%.
Government work report, this year will guide the funds to invest more shortcomings, adjust the structure, promote innovation, the people of the livelihood of the field. This year to complete the railway construction investment of 800 billion yuan, 1.84 billion yuan of road water transport investment, and then start 15 major water conservancy projects, continue to strengthen the rail transit, civil aviation, telecommunications infrastructure and other major projects.
Will China's economic growth remain above 6.5% in 2017? If there is still a lot of concerns before, into the first quarter, with a new round of infrastructure construction across the country have been disclosed, coupled with the expected steady growth in consumption, the Chinese economy continued growth throughout the year should not be much suspense, But the corresponding infrastructure and other fixed asset investment derivatives challenges more concern.
Some provinces have announced a major investment plan for 2017, ranging from 100 billion to one trillion. Which infrastructure construction, especially in the field of transportation investment projects, have become around the investment and support the growth of the "stabilizer." A number of research institutions expect the growth rate of China's fixed asset investment in 2017 is expected to remain at around 8%, the overall size of infrastructure investment is about 16 trillion yuan. If some of the investment plans that have been announced but are to be confirmed, the scale of fixed asset investment across the country is as high as several trillion yuan.
CITIC Investment statistics show that the current 23 provinces have announced the 2017 fixed assets investment plan in the provinces, higher than the 2016 target provinces in Xinjiang, Liaoning, Anhui, Guangxi and Guizhou. Compared with the actual investment growth in 2016, there are 14 provinces to increase the growth rate of the target, to enhance the provinces, Xinjiang and Liaoning, the highest increase, respectively, 57.7% and 76.1%.
In the export growth rate due to comprehensive factors under pressure, slow growth in consumption of the situation, increase investment in fixed assets undoubtedly once again become an important weight of China's economic growth. At the same time, this year due to real estate investment due to regulatory upgrades or decline, coupled with the growth rate of manufacturing investment due to lack of confidence in private enterprises investment in 2013 for four consecutive years down, but also highlight the infrastructure investment to make up for other investment role.