Wall Street informative website in April will be "micro stimulation steady growth route summarized as: railway, shed reform, tax cuts three arrows. Now it seems that the country's hands will still grow steadily through the infrastructure investment, such as the iron Gong foundation.
According to the economic reference, the national Power Grid Corp will invest about 160 billion yuan in the construction of distribution network in 2014, with a record high investment.
As one of the most important urban infrastructure projects, in order to cooperate with the country's new round of urbanization construction, the prospect of the distribution network construction is very bright. According to the national network of Beijing economic and Technology Research Institute Vice President Han Feng introduced, according to estimates by 2020 per capita income of urban and rural residents more than doubled in 2010, the total electricity consumption is now 1.6 times, which means that the enterprises must further accelerate the pace of construction of power grids, especially to speed up the upgrading and transformation of the distribution network.
Although the probability of four trillion large-scale stimulus is not large, but with "iron Gong Ji" and other infrastructure investment to ease the slowdown in economic growth this policy, the decision-making level is easy to use. Wall Street informative website mentioned in April, Deepening Railway Investment and financing system reform, policy measures to speed up railway construction set by the State Council, but also to study the expansion of Small and micro businesses income tax preferential policies to implement the scope of the deployment of further play development finance shantytowns supporting role.
The investment in railway is more urgent. So far this year, China Railway Corporation has increased its railway investment plan three times in a row. Its annual investment will reach more than 800 billion, which has increased by nearly 1/3 compared with 630 billion at the beginning of this year. Before the railway insiders revealed that the State Council's intention is that the railway investment can not be less than 800 billion for 3 consecutive years, not just this year.
Ma Kai, vice premier of the State Council, stressed that the State Council decided to further intensify railway construction, expand the scale of railway fixed assets investment, increase the mileage of new lines and increase the number of new projects.
In order to solve the problem of capital, the issuance of debt is even the first choice. Development and Reform Commission on Friday issued a notice that the research project launched shantytowns revenue bonds for debt with a stable source of funds of the project, according to finance investment in the construction of the recovery of funds closed operation mode, carry out penggai pilot project revenue bonds, and does not occupy the local government investment and financing platform for the company's annual bond index.
In addition, according to the Wall Street news website real-time news, people familiar with the matter said, China will allow 10 provinces and municipalities to issue their own bonds later this year, and launch the first batch of China's first Western way municipal bonds.
