At the beginning of 2022, all localities have successively “launched new” major projects, making a good start for this year’s investment work.
In the first week of the new year, major project mobilization meetings were held in Shanghai, Jiangsu, Sichuan, Hebei, Zhejiang, Anhui, Henan and other places, with new infrastructure and key industries as the focus.
intensive construction of major projects in many places
The central economic work conference held a few days ago studied and judged the situation and called for “stability first and seeking progress while maintaining stability”. The meeting proposed that all regions and departments should shoulder the responsibility of stabilizing the macro economy, all parties should actively launch policies conducive to economic stability, and the policy force should be appropriately advanced.
On the first working day of the new year, on January 4, Shanghai, Sichuan, Anhui and other places started the construction of a number of major projects in the fields of infrastructure, key industries, social livelihood and so on, making a good start for the work of investment projects this year. At the same time, all localities are speeding up project reserve or commencement, with a view to the implementation of infrastructure projects as soon as possible.
At the centralized commencement of major projects in Shanghai Pudong New Area in 2022 held on January 4, 82 major projects were started, with a total investment of 317.6 billion yuan. Among them, 23 major industrial projects belong to the “3 + 6” key industrial fields, with a total investment of more than 120 billion yuan, of which the three leading industrial projects of integrated circuit, biomedicine and artificial intelligence account for 50%.
Then on the 6th, the five new towns in Shanghai entered a new stage. The first batch of 40 major projects started this year, with a total investment of 132.82 billion yuan, involving high-end industries, science and innovation, infrastructure and other fields.
Not only Shanghai, but also Zhejiang, Jiangsu and Anhui in the Yangtze River Delta have “launched new” major projects in the past week.
Synchronized with the commencement of major projects in Pudong, Shanghai, on January 4, Jiangsu and Anhui successively disclosed a number of new infrastructure projects to be started in 2022, involving an amount of 570 billion yuan and 376.06 billion yuan respectively.
Zhejiang also held the centralized commencement of major projects to expand effective investment in the province in 2022 on January 5, with a total investment of 638.6 billion yuan in 358 projects.
On January 4, in the first quarter of 2022, major projects in Sichuan Province were started intensively, and 100 major projects with a total investment of more than 1 billion yuan were organized, with a total investment of 232.2 billion yuan; Among them, there are 51 strong foundation projects in the field of innovation and industry, with an investment of 127.7 billion yuan.
Luo Zhiheng, vice president and chief Macro Analyst of YueKai Securities Research Institute, told the first financial reporter that stabilizing investment will become the focus of work at present and in the future. It will not only hedge the downward pressure on the economy, but also play a key role of investment in optimizing the supply structure. Appropriately and ahead of schedule infrastructure investment lies in stabilizing investment, expanding effective investment, achieving steady growth, making up for weaknesses and optimizing supply structure.
Citic Securities Company Limited(600030) the research department said that all localities will strengthen the reserve projects and speed up the approval of investment projects, especially where the reform of investment project commitment system is implemented. It is expected that the time from project initiation to commencement approval will be reduced by more than 50%. In 2022, infrastructure investment may achieve a medium to high growth rate of 6.5%, moderately higher than the economic growth rate, and play a leading role effectively. In the infrastructure investment in 2022, the proportion of new infrastructure investment is expected to increase from about 10% to 15%, and the investment scale in new energy, pollution reduction, carbon reduction, green building, urban and rural pipe network, parking lot and other fields will increase significantly.
where to invest in major projects
The implementation plan on invigorating industrial economic operation and promoting high-quality industrial development jointly issued by the national development and Reform Commission and the Ministry of industry and information technology recently clearly promotes the implementation of major projects. Accelerate the implementation of major projects in the 14th five year plan, major regional strategic plans and major projects with clear annual work arrangements, promote the launching of major projects with conditions, start the construction of projects that can start as soon as possible, speed up the construction progress of projects under construction, and strive to complete and put into operation as soon as possible.
The scheme proposes to lay out a number of new infrastructure projects in 5g, gigabit optical network and other fields. Start the hub node construction project of integrated big data center and the infrastructure network improvement project of small and medium-sized cities in central and Western China as soon as possible. Give full play to the role of special classes for major national and local foreign-funded projects, and accelerate the implementation of major foreign-funded projects in advanced manufacturing and other fields.
Ning Jizhe, deputy director of the national development and Reform Commission and director of the National Bureau of statistics, also wrote an article earlier to analyze that we should actively promote the optimization and adjustment of industrial structure, accelerate digital transformation and promote the upgrading of traditional industries. We will actively expand effective investment, accelerate the promotion of major engineering projects in the outline of the 14th five year plan, focus on effective investment in major projects such as “two new and one heavy” new infrastructure, new urbanization and short board, and accelerate the construction of 5g, Gigabit broadband and integrated big data center. We will actively mobilize the vitality of social capital and encourage the stable development of private investment.
It can be found that among the major projects launched everywhere, new infrastructure construction and digital transformation have become the focus.
For example, the Shanghai International Shanghai Athub Co.Ltd(603881) phase I project in the Shanghai Lingang Holdings Co.Ltd(600848) new area, plot d0401, located in the “information flying fish” global digital economy innovation Island, is expected to have a total investment of 3.3 billion yuan. After the completion of the project, it will create an important bearing place for the “digital industrialization” ecology of the park through the introduction of digital basic industries such as cloud computing, communication technology, artificial intelligence, software services and data services. At the same time, it will build a landmark twin tower and multi zoning group, and build an important bearing place for five oriented economies such as innovative economy, headquarters economy and open economy.
Zhejiang, a big digital economy province, has a large total investment this time. Among the major projects in 2022, 191 industrial projects focused on digital economy, new materials and biomedicine, accounting for 53.4%.
The number of projects and investment scale in Jiangsu Province this year have increased significantly compared with last year. Specifically, in terms of industry classification, there are 1819 industrial projects with an annual planned investment of 479.2 billion yuan; 115 innovation carrier projects, with an annual planned investment of 27.6 billion yuan; 157 livelihood projects, with an annual planned investment of 33.6 billion yuan; There are 89 infrastructure projects, with an annual planned investment of 31.6 billion yuan.
At the 2022 mobilization meeting for major projects in Jiangsu Province held on January 4, Wu Qingwen, acting mayor of Suzhou, said that Suzhou plans to start 295 major projects in the first quarter, with an annual planned investment of 72.2 billion yuan, including 67 projects with a total investment of more than 1 billion yuan and 4 projects with a total investment of 10 billion yuan, focusing on advanced materials, electronic information, equipment manufacturing Biomedicine and other innovative Shenzhen New Industries Biomedical Engineering Co.Ltd(300832) clusters.
Sheng Lei, acting mayor of Changzhou, said that Changzhou focused on characteristic and advantageous industries and tuyere industries, especially the intelligent transformation and digital transformation of manufacturing industry, accelerated the introduction of a number of flagship, leading and base projects, and is expected to attract more than four projects of 10 billion yuan or US $1 billion throughout the year.
Zheng Renhao, party secretary and director of Guangdong Development and Reform Commission, also said at a recent press conference that Guangdong Province has preliminarily arranged an investment plan of 900 billion yuan for key projects in 2022, an increase of 100 billion yuan over 2021. “We will plan infrastructure construction in advance.” Zheng Renhao said that in 2021, more than 4500 major projects with a total investment of 4.5 trillion yuan have been started in Guangdong Province, laying a solid foundation for the construction of major projects this year.
Next, Guangdong will focus on key areas, strengthen project planning, moderately advance infrastructure investment, and turn the established deployment into a driving and high-quality project as soon as possible.
On January 8, Shanghai Municipal Commission of economy and information technology held a meeting to plan the industry and informatization work in 2022. The meeting proposed that the first key task of this year is to speed up the layout of the new digital economy track, closely follow the urban digital transformation, and accelerate the development of digital commerce industry, 5g industry, location industry, open source industry, information innovation industry, security industry, scene industry and online new economy, Build a smart factory to promote transformation and upgrading.
According to Liu Xielin, director of China Innovation and Entrepreneurship Management Research Center at the University of Chinese Academy of Sciences, in the digital era, more and more digital related industries will gather in developed provinces, leading to a widening gap in innovation capacity between regions. On the other hand, digitization accelerates the growth and agglomeration of emerging industries and provides catch-up opportunities for some backward provinces. He told reporters that the government should constantly improve the digital economy infrastructure and formulate clear regional digital economy industrial development policies.
“Digital development has fundamentally changed the production mode and business model of the traditional economy, comprehensively penetrated and deeply affected all links of production, circulation, consumption, import and export. The development of digital economy is very important for cities to consolidate the competitiveness of advantageous industries and promote the rapid improvement of total factor productivity.” Wang Gaoxiang, general manager of urban economic research center of CCID Consulting Co., Ltd.
(source: First Finance)
