A heavy plan will be released soon, involving trillion investment and multiple industry sectors.
The China Securities Journal China Securities Taurus reporter learned that the “14th five year plan” for the development of modern comprehensive transportation system is about to be issued. At the same time, the revision of medium and long-term railway network planning, the preparation of national highway network planning, national port and waterway layout planning, the “14th Five Year Plan” for the development of Railways and other industries are also accelerating.
Industry insiders believe that the infrastructure investment in the 14th five year plan will focus on “accelerating the construction of a transportation power”, involving backbone channels, urban agglomeration and metropolitan rail transit, modern airport construction, etc. In particular, the current focus is on steady growth, policies are moving forward, and the demand for infrastructure investment is expected to accelerate.
It is worth mentioning that at the beginning of 2022, the “infrastructure red” of A-Shares is particularly bright.
accelerate the construction of modern comprehensive transportation system
On September 8 last year, Zheng Jian, deputy director of the basic Department of the national development and Reform Commission, revealed that the national development and Reform Commission will promptly report to the State Council for printing and Issuing the development plan for the implementation of the modern comprehensive transportation system in the 14th five year plan, study the revision of the medium and long-term railway network plan, especially improve the railway network in the blank areas of the road network in the western region and border areas. We will accelerate the preparation of the national highway network plan, the national port and waterway layout plan, and the 14th five year plan for the development of railways, civil aviation, postal and other industries. Implement the major transportation projects in the outline of the 14th five year plan, and issue the national urban rail transit planning and development implementation plan, so as to optimize and improve the planning layout and lead the high-quality development of transportation infrastructure.
In June last year, when Li Xiaopeng, Minister of transport, was entrusted by the State Council to report to the Standing Committee of the National People’s Congress on the construction of a modern comprehensive transportation system, he revealed that he would make efforts from six aspects, including accelerating the construction of a high-quality comprehensive three-dimensional transportation network, accelerating the improvement of high-quality and diversified comprehensive transportation service capacity, and accelerating the formation of a unified and open transportation market, Strive to improve the quality and efficiency of comprehensive transportation development, deepen the reform of comprehensive transportation system and mechanism, and strive to improve the comprehensive transportation laws, regulations and standard system.
the 14th five year plan for local transportation has been intensively released
Recently, many places have successively issued the “14th five year plan” for the development of transportation system.
The comprehensive transportation system development plan of Heilongjiang Province during the “14th five year plan” recently issued by Heilongjiang Province proposes that by 2025, the railway mileage of the province will exceed 7000 kilometers, and the high-speed railway will reach about 1600 kilometers. In addition to Heihe and gagdaqi, the “high-speed railway will be basically realized in all cities”. The highway mileage exceeds 170000 kilometers, and the expressway exceeds 6000 kilometers.
The comprehensive transportation system development plan of Jiangxi Province in the 14th Five Year Plan period issued by Jiangxi Province proposes that by 2025, the total railway mileage will be more than 5500 km, and strive to reach 2400 km for high-speed railways of 200 km / h and above, so as to realize the full coverage of 350 km / h high-speed railways in districts and cities. By 2025, the highway mileage will be more than 7500km. More than 20 general airports.
In addition, Fujian, Shanxi, Qinghai, Tianjin, Gansu and other places have also successively issued the “14th five year plan” for the development of comprehensive transportation system. Fujian Province proposes to strive to complete an investment of 830 billion yuan in five years. By the end of the 14th Five Year Plan period, the construction scale of expressway will reach 1600 km, the traffic mileage will reach 6500 km, and the proportion of shortcut Expressway in land towns will increase to 85% within 30 minutes. Qinghai Province proposes that by 2025, the mileage of the province’s comprehensive transportation network will exceed 100000 km, the electrification rate of Trunk Railways will reach 100%, 10 inter provincial channels of expressways will be fully formed, and 10 transportation airports will be reached. Tianjin proposes to basically form a pattern of five high-speed rail intercity links to Beijing by 2025. The intercity mileage of high-speed rail will reach 470km, and the railway network density ranks among the highest in the country. It will basically realize the 30 minute commute between Beijing and Tianjin and one hour access to major cities in Beijing, Tianjin and Hebei.
benefit from infrastructure transportation and other related fields
Focusing on steady growth, more than trillion transportation infrastructure is ready to go.
The recently held executive meeting of the State Council proposed to expand effective investment and accelerate the implementation of 102 major engineering projects and key projects of special planning identified in the outline of the 14th five year plan.
Bi Chunhui, chief analyst of the construction industry, said that the outline of the 14th five year plan made it clear that infrastructure investment during the 14th Five Year Plan period should focus on “accelerating the construction of a transportation power”, including strategic backbone channels, urban agglomeration and metropolitan rail transit, modern airports, etc.
“The first quarter is often the time for the concentrated commencement of key infrastructure projects, and the infrastructure demand is expected to accelerate at the beginning of the year.” Bi Chunhui said that considering the increased necessity of infrastructure development in the first half of the year, sufficient guarantee of funds and projects, demand is expected to usher in a reversal, and continue to be optimistic about the leading enterprises with stable performance and low valuation in the infrastructure industry chain.
The outline of the 14th five year plan proposes to accelerate the construction of a transportation power, and lists some construction project plans for a transportation power, such as the construction of 3000 kilometers of intercity and municipal (suburban) railways, 3000 kilometers of urban rail transit, 25000 kilometers of newly reconstructed expressways, and more than 30 new civil transport airports, And promote the construction of about 120 national logistics hubs.
Source: “outline of the 14th five year plan”
Tan Qian, director of Huaxin Securities Research Institute, said that from past experience, when the traditional infrastructure represented by transportation makes efforts, the building materials and construction machinery sector will outperform the market. Further, if the focus is on railways and highways, steel, architectural decoration, transportation and other sectors are easier to win the market. He predicted that the subdivided fields such as transportation and water conservancy will still be an important direction for the new round of traditional infrastructure.
