The Development and Reform Commission revealed on November 26 that the reform of the railway investment and financing system should make good use of the railway development fund platform. At present, the fund company has already been established and paves the way for further investment.
At the same time, the National Development and Reform Commission also stated that 64 new construction projects have been started this year. By the end of October, the investment in fixed assets had reached 590 billion yuan and 74% of the planned completion. The person in charge of the National Development and Reform Commission stated that the investment of 800 billion yuan will be completed this year and the goal of building a 7,000-kilometer railway can be completed.
On November 25, the National Development and Reform Commission approved four more railway construction projects with a total investment of 66.24 billion yuan. This is the sixth batch of the National Development and Reform Commission's centralized approval of railway investment projects since October. Specifically, the Changchun-Baicheng Railway expansion and reconstruction project has a total investment of 19.64 billion yuan; the second line of Fuling-Meijiang section of the Yuhuai Railway has a total investment of 19.11 billion yuan; the Yangpingguan-Ankang Railway has increased its second-line project, project The total investment is 18.77 billion yuan; Zheng Lanqi to Zhangjiakou Railway Heichengzi to Zhangjiakou section of the project, the project investment estimated a total of 8.72 billion yuan.
Northeast Securities previously said that under the circumstances of increasing downward pressure on the economy, the policy of “stabilizing growth†continued to exert force and the positive characteristics of the policies were more obvious. Various supporting policies such as the intensive approval of fixed-asset investment projects such as railways and local real estate credits have been launched in succession. For this reason, the high-speed rail concept remains firmly optimistic for a long time.
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