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We should pay attention to both quantity and quality, and expand effective investment

author:China Economic Net

Source: Economic Daily

We should pay attention to both quantity and quality, and expand effective investment

Since the beginning of this year, the mainland has accelerated the construction of major projects, the scale of investment has continued to grow, and the overall investment structure has been optimized. With high-quality development as an important focus, all localities will focus on improving the expansion investment mechanism and expanding the space for effective investment. With the introduction of a series of support measures, the investment environment in various regions has been continuously optimized, the efficiency of resource allocation has been continuously improved, and the investment direction has become more precise.

Zhejiang: Promote the agglomeration of factors

Walking into the site of the new energy vehicle body integration project of Haiwei Auto Parts Co., Ltd. located in Shengzhou Economic Development Zone, Zhejiang, the staff is stepping up construction to ensure that the plant can be completed on schedule. "Relying on the key technology of aluminum alloy die-casting manufacturing mastered by itself, we have developed an integrated die-casting process for ultra-large structural parts of new energy vehicles with independent intellectual property rights, and achieved international leading performance indicators such as tensile strength and elongation. Xu Ping, general manager of the company, told reporters that the project was included in the list of major industrial projects in Zhejiang Province in 2024, and is expected to form an annual output of 4.8 million sets of new energy vehicle body structural parts, with an output value of more than 5 billion yuan.

Major projects are moving, and service guarantees are needed to keep up. "Clarify the time node, plan the project dynamically and normally, establish a pre-project office and a tracking office, implement full-cycle service management of the project, and strengthen the guarantee of all elements. The relevant person in charge of Shengzhou Economic Development Zone said that while giving full play to the amplification effect of government investment, more attention should be paid to government services, which not only escorts the investment and construction of major projects, but also stimulates the vitality of investment in all aspects. This year, Shengzhou has a total of 149 new key projects, including 99 infrastructure projects, 41 industrial projects and 9 commercial projects.

It is understood that in order to expand effective investment, Zhejiang proposed the "thousands of trillions" project, rolling forward about 1,000 major projects every year, completing an investment of more than 1 trillion yuan, and completing a major project investment of more than 7 trillion yuan in five years. This year, it will mainly focus on key areas such as scientific and technological innovation, advanced manufacturing, and critical infrastructure to help improve the quality and upgrade of the industry and continuously enhance the competitiveness of the industry.

"The total investment will maintain a reasonable growth to ensure that the province's fixed asset investment will increase by about 6% in 2024. Huang Jiong, deputy director of the Zhejiang Provincial Development and Reform Commission, revealed that while promoting investment growth, Zhejiang pays special attention to promoting the optimization of investment structure, promoting stable and high-quality investment, and allowing more and more funds to flow to the real economy represented by advanced manufacturing. At present, Zhejiang is doing everything possible to prepare enough "grain and grass" for investment projects and promote the agglomeration of factors to "big, good and high" projects.

In terms of land, this year Zhejiang will guarantee 50,000 mu of major infrastructure projects at or above the provincial level, 15,000 mu of new construction land for major industrial projects in the province, and 30,000 mu of forest land quota for major projects in the province; in terms of funds, it will strive to invest about 160 billion yuan in medium and long-term project loans from policy-oriented development banks; in terms of energy consumption, it will ensure that more than 20 million tons of standard coal will be used in new major projects, and that the energy consumption of major projects in the province will be guaranteed to be "fully guaranteed".

In order to let private enterprises develop with peace of mind, Zhejiang has sorted out three lists of projects recommended to private capital: a list of major projects and projects to make up for shortcomings, a list of key industrial chain and supply chain projects, and a list of franchise projects that are fully paid by users. At the same time, Zhejiang actively supports private capital to enter traditional monopoly fields such as railways and oil and gas, and private capital participates in the construction of a number of landmark projects such as Hangzhou-Shaoxing-Taiwan Railway, Hangzhou-Wenzhou Railway, Zhoushan Green Petrochemical Base, and Sanao Nuclear Power. In recent years, Zhejiang's private investment has always accounted for more than 56% of the overall investment, making great contributions to high-quality economic development and becoming the main force driving investment growth.

Today's investment structure is tomorrow's industrial structure. Huang Jiong said that Zhejiang will take multiple measures to expand effective investment, pay more attention to investment in advanced manufacturing and science and technology, plan a number of key industrial chain projects in the manufacturing industry, accelerate the cultivation and formation of new quality productivity, and enhance new momentum for high-quality development. (Economic Daily reporter Liu Wen)

Anhui: Strengthen the overall layout

Recently, the General Office of the Anhui Provincial Government issued the "Special Action Plan for Effective Investment in Anhui Province (2024)", proposing to pay attention to the combination of investment and financing, and provide strong support for the steady growth of the province's economy by expanding effective investment. It is understood that this round of investment highlights key areas, and a total of 12 special actions have been implemented around building "three regions and one district" and building "seven strong provinces". Among them, special investment actions such as manufacturing a strong province, improving the vitality of urban function quality, comprehensive transportation, modern service industry, and social and people's livelihood have been set to complete the physical workload target of 100 billion yuan.

In terms of manufacturing provinces, Anhui focuses on the development of advanced manufacturing clusters, promotes large-scale equipment renewal, and accelerates the digital transformation of enterprises; in terms of improving the vitality of urban function quality, Anhui implements urban renewal and urban underground comprehensive pipe gallery project construction, and actively promotes the construction of affordable housing, "level-emergency dual-use" public infrastructure, and urban village transformation; in terms of comprehensive transportation, Anhui will add 200 kilometers of high-speed rail operating mileage, The highway has been opened to traffic for 300 kilometers, and at the same time, a new round of integration of port and shipping resources has been implemented, a large water transport channel of the Jianghuai Canal has been built, and projects such as Bozhou Airport and Bengbu Airport have been built, as well as the reconstruction and expansion of Hefei Xinqiao Airport; in terms of modern service industry, Anhui has started the construction of a high-level modern service industry agglomeration and innovation zone, and accelerated the construction of an efficient logistics hub network system; in terms of social and people's livelihood, Anhui has implemented rural water supply guarantee projects, and at the same time increased investment in pension services and transformation for the elderly, and implemented a number of Sino-foreign cooperative schools The renovation and upgrading of hospital inpatient facilities, and the promotion of national regional medical centers and other projects.

Project construction funding is key. According to reports, the "Plan" takes into account the relevant financing needs and pays attention to the guarantee of project funds. In order to ensure the demand for capital elements, Anhui has strengthened the efficiency of national bonds, central budget investment, Local government special bonds and other government funds; increase financial support, sort out the list of key projects and send them to financial institutions, strive for new credit from policy-based development financial institutions, and at the same time speed up the fund-raising and operation of provincial emerging industry guidance funds; give full play to the exemplary role of state-owned enterprises in investment, on the one hand, continue to deepen cooperation with central enterprises, on the other hand, accelerate the market-oriented transformation of government financing platform companies, enhance investment and financing capabilities, and play a guiding and leveraging role; improve the level of direct utilization of foreign capital, and support foreign-invested enterprises to reinvest in Anhui.

In addition, Anhui has also made efforts to establish a provincial-level key private investment project database, promote the implementation of a new mechanism for public-private cooperation, build a work promotion and project implementation mechanism, and select mature projects to be promoted to private capital in a centralized manner; strengthen the cooperation and docking between local governments and business associations, investment institutions, and leading private enterprises in the industry, and establish a normalized project push mechanism for key industries; and set up special funds to promote private investment guidance, and support places where private investment has a fast growth rate, a high proportion, strong vitality and practical measures. "Investment is both a macroeconomic policy and an economic act, and multi-party participation can help ensure the effectiveness of investment. By stimulating the vitality of private investment, we can not only optimize the allocation of investment resources, but also improve employment and stabilize expectations. Kong Linggang, a researcher at the Anhui Academy of Social Sciences and a counselor of the Anhui Provincial People's Government, said. (Economic Daily reporter Li Siyin)

Xinjiang: Refine supporting measures

Walking in the north and south of the Tianshan Mountains, the construction of various projects is in full swing. In Mulei County, Xinjiang, the construction of the 750 kV power transmission and transformation project in Mulei South has begun, which will provide support for the new energy development of the Gurbantunggut Desert Base Project; in Hami City, Xinjiang, Xinjiang Huatai New Material Technology Co., Ltd., with an annual output of 30,000 tons of high-performance titanium and titanium alloy products, is in the process of hoisting and equipment installation, and is heading towards the construction of the largest titanium industrial base with the longest chain in the mainland; in Kashgar City, Xinjiang, the largest cogeneration project in Xinjiang - Kashgar Huadian 2 ×The construction of the 660,000 kilowatt cogeneration project was started, injecting new momentum into the local economic development...... Wang Yueran, Secretary of the Party Leadership Group of the Development and Reform Commission of Xinjiang Uygur Autonomous Region, said that under the premise of ensuring safety and quality, Xinjiang has promoted more than 3,900 projects with an investment scale of more than 5 million yuan in the first quarter, and completed an investment of more than 60 billion yuan, an increase of 12% over the same period last year.

How to ensure that project construction achieves practical results? Xinjiang has established and improved the "ten major mechanisms" for project promotion, and implemented supporting measures such as provincial-level leaders contacting key projects, the "six-fold" list, and promoting project construction scheduling meetings. The Development and Reform Commission of Xinjiang Uygur Autonomous Region issued the "Guidance Manual for the Whole Life Cycle of Investment Management and Project Construction in the Autonomous Region (Version 3.0)" and the "Guidelines for the Expansion of Effective Investment in the Autonomous Region (Version 1.0)", which clarified the key points of work in key links such as investment project planning, hierarchical and classified management, and preliminary formalities, and put forward the "15 Articles" negative list for strengthening government investment project management and the "15 Articles" element safeguard measures for investment projects, so as to promote the standardized and orderly construction of projects and complete them on schedule to give full play to their benefits.

While expanding the effect of major projects, various prefectures and cities in Xinjiang have increased their support for the development of private enterprises. "The relevant government departments have made a lot of policy answers to the investment and construction of the methyl o-formate benzenesulfonamide project, which has accelerated the construction of the project. In the new material park of Xinhe County, Aksu Prefecture, Yu Aimin, head of Xinjiang Gerun Industrial Co., Ltd., is full of confidence in accelerating the construction and production of the project. This year, Aksu Prefecture formulated the "Specific Measures for Promoting the Development and Growth of the Private Economy in Aksu Prefecture", and introduced 36 specific measures from ten aspects, including optimizing the environment for the development of the private economy, providing financing support for the private economy through multiple channels, and supporting the participation of the private economy in major development strategies, to promote the high-quality development of the regional private economy.

Financing is about the growth of small and medium-sized enterprises. Recently, at the "Financial Empowerment and Enterprise Development" government-bank-enterprise docking exchange meeting for small and medium-sized enterprises held by the Department of Industry and Information Technology of Xinjiang Uygur Autonomous Region, the Department of Industry and Information Technology of Xinjiang Uygur Autonomous Region signed strategic cooperation agreements with 16 financial institutions, and financial institutions signed financing agreements for 15 small and medium-sized enterprises on the spot, with a credit amount of 470 million yuan, to alleviate the financing problems of small and medium-sized enterprises through the way that the government builds a communication platform for banks and enterprises. Ablikim Aizezi, deputy secretary of the party group and director of the Autonomous Region Department of Industry and Information Technology, said that this year, the Autonomous Region Department of Industry and Information Technology will take the initiative to build an interactive information exchange platform between government and banks and enterprises, and thoroughly implement the special action of financing small, medium and micro enterprises in the autonomous region's "Ten Lines of Ten Billion Enterprises", so as to build a platform and bridge for bank-enterprise cooperation. (Economic Daily reporter Ma Chengzhong)