According to Xinhua News Agency on the 10th, the executive meeting of the State Council was held on January 10 to deploy and accelerate the major projects identified in the outline of the 14th five year plan and the special plan, and expand effective investment; It is decided to carry out the centralized procurement of drugs and high-value medical consumables in a normalized and institutionalized manner, so as to further reduce the medical burden of patients.
Recently, major projects in 2022 have been started in many places, and the issuance of new special bonds in 2022 will also be opened on the 13th. Experts predict that about one trillion yuan of special bond funds will form expenditure in the first quarter, which will strongly support the expansion of effective investment.
accelerate the implementation of major engineering projects
The meeting pointed out that in implementing the deployment of the CPC Central Committee and the State Council, all relevant departments should benchmark the key points identified in the outline of the 14th five year plan, scientifically and effectively prepare national special plans, further refine objectives and tasks, and put forward operable policies and specific projects. At present, 44 special plans have been basically prepared, issued and implemented one after another. We should base ourselves on the present and focus on the long term, and vigorously and orderly promote the implementation of the 14th five year plan.
The meeting pointed out that the current economic operation is at the juncture of climbing over the ridge. In accordance with the requirements of the central economic work conference, we should put steady growth in a more prominent position, firmly implement the strategy of expanding domestic demand, insist on not engaging in “flood irrigation”, and expand targeted final consumption and effective investment, which is of great significance to withstand the new downward pressure on the economy and ensure the smooth operation of the economy in the first quarter and the first half of the year.
The meeting called for accelerating the implementation of 102 major engineering projects and key projects of special planning identified in the outline of the 14th five year plan. Focusing on the construction of key areas such as food and energy security, advanced manufacturing and high-tech industries, infrastructure such as transportation, logistics and network communication, and urban affordable housing, we will establish a coordination mechanism to ensure financing, land use and energy use. For the projects listed in the plan and qualified, the relevant procedures shall be simplified, especially the major water conservancy projects that have been demonstrated for many years in the early stage, the implementation shall be accelerated, and the methods of work relief shall be adopted to enable some migrant workers who are temporarily unemployed to have work and income. We will guide places where investment in new projects has declined to strengthen their work and reverse the sluggish situation of investment.
Recently, major projects around the country are under intensive construction.
On January 10, the centralized commencement ceremony of 2022 key projects in Putuo District, Shanghai was held, with 65 key projects arranged, with a total investment of about 155 billion yuan. This time, 25 projects were intensively started, with a total investment of more than 32.9 billion yuan, covering many fields such as commercial buildings, public services, livelihood security, municipal infrastructure, housing and old housing reconstruction.
On January 6, the first batch of major projects in five new towns in Shanghai were started in 2022, with a total of 40 projects and a total investment of 132.82 billion yuan, involving high-end industries, science and innovation, infrastructure, major livelihood and other fields. On the same day, the first batch of centralized commencement ceremony of Hainan free trade port construction project in 2022 was held in yazhouwan science and Technology City, Sanya City, with 142 centralized commencement projects and a total investment of 37.3 billion yuan.
On January 5, 358 major projects in Zhejiang Province were started, with a total investment of 638.6 billion yuan. On January 4, the mobilization meeting for the first batch of major projects in Anhui Province in 2022 was held, involving 731 major projects with a total investment of 376.06 billion yuan, involving 12 industries such as strategic emerging industries, transportation and social undertakings. On the same day, the list of key construction projects in Hebei Province in 2022 released made it clear that there were 695 key construction projects in Hebei Province in 2022, with a total investment of 1.12 trillion yuan, and it is expected to complete an investment of more than 250 billion yuan during the year.
In addition, Sichuan Province, Henan Province and Jiangsu Province also held mobilization meetings for the commencement of major projects, with advanced manufacturing and strategic emerging industries as highlights.
pay close attention to issuing the special bonds issued this year
The meeting made it clear that according to the requirement that funds follow the project, the 1.2 trillion yuan of local government special bond funds issued in the fourth quarter of last year will be transferred to specific projects as soon as possible. We will pay close attention to issuing the special bonds issued this year, make good use of the investment in the central budget, focus on the projects under construction and those that can start as soon as possible, leverage more social investment, and strive to form more physical workload in the first quarter.
The national financial work video conference pointed out that in 2022, we should manage and make good use of special bond funds to stimulate effective investment. Carry out infrastructure investment moderately and in advance, and give play to the guiding and driving role of government investment; The national development and reform work conference stressed that we should solidly promote the construction of 102 major projects in the 14th five year plan and moderately advance infrastructure investment.
Previously, the Ministry of finance has issued a new special debt limit of 1.46 trillion yuan in 2022 to all localities in advance. The Ministry of Finance said that it would continue to strengthen supervision and promote the issuance and use of quotas in advance in the first quarter of 2022, so as to provide strong support for stabilizing the macro-economic market.
On January 7, Henan disclosed that the first batch of nine local bonds will be issued by bidding on January 13, all of which are new special bonds, opening the curtain of issuing new special bonds in 2022. The total scale of these special bonds was 38.201 billion yuan, which were invested in urban and rural development, social undertakings, shed reform and other directions.
Zhu Jianfang, chief economist of Citic Securities Company Limited(600030) said that it is not ruled out that the second batch of special bonds will be issued in advance. It is estimated that about trillion yuan of special bond funds will form expenditure in the first quarter of 2022.
The meeting also proposed to deepen the reform of the examination and approval system for investment projects and implement innovative measures such as commitment system and regional evaluation. Study and introduce policies and measures to revitalize stock assets.
The national development and Reform Commission recently issued several opinions on further promoting the reform of the examination and approval system for investment projects, which proposed to further clarify and simplify the management of investment examination and approval, and strictly control the addition or disguised addition of examination and approval links.
(source: China Securities Journal)
