Following the approval of the State Council last month, the Ministry of Railways to invest 2 trillion yuan railway project, sources said, transportation department is planning a 3 to 5 years in the future to invest 5 trillion yuan.
"Business News" learned from informed sources, the size of the 5 trillion of investment, including projects, planned projects and additional investment, will involve roads, waterways, ports and terminal building.
The original investment or ahead of schedule planning
According to informed sources, in accordance with the original "highways and waterways," 11th Five-Year Plan "," the transport sector and medium and long-term planning, state highway (including highway) construction is expected to invest 2.1 trillion yuan. These include the 2010, with an average annual investment of about 140,000,000,000 yuan, from 2010 to 2020 the average annual investment of about 100,000,000,000 yuan.
Now the 5 trillion yuan in the planning is to ensure that the original investment on schedule or even ahead of schedule on the basis of, and an additional 2 trillion over the scale, "in addition to the original planning ahead of schedule, but also through additional investment and stimulating domestic demand, fast, after all, These infrastructure investment can play an immediate effect. "These people said.
Ministry of Transport and Communications Minister Li Shenglin in the National Work Conference on Transport, the Ministry of Communications in the "11th Five-Year Plan" period, will focus on the completion of "the multi-billion dollar five-year" mission, basically all the conditions of the rural townships, villages formed roads, 95% and 80% of the township's villages formed asphalt (cement) Road; shape the national highway network backbone, "five vertical cross-seven" national backbone and the development of inter-provincial highways in the western channel is finally completed.
According to the plan, by 2010, the National公路总里程reached 2,300,000 km, the National Highway traffic mileage of 65,000 km to reach secondary and higher highway mileage reached 450,000 km, county and township roads to reach 1,800,000 km. Informed sources said that these goals will be reached ahead of time.
Northern Jiaotong University School of Management Professor Zhang Wenjie of the view that the transport sector making such a huge investment plan, and the Department of Transportation about this year's expansion. Most of this year's reform, the establishment of the Ministry of Transport, Ministry of the original, original and the Civil Aviation Administration of the Ministry of Construction of the original guidance of the city's responsibility to integrate into the passenger, and the Civil Aviation Administration of China State Post Bureau from the Department of Transport Management. Reporters learned that 5 trillion plan did not involve aviation and postal. But Zhang believes that even if excluded from these two industries, the functions of the Department of Transportation and coverage over the past the Ministry of Communications, therefore, increase the investment is reasonable.
Stimulating domestic demand is expected to promote employment
The reporter interviewed a number of transportation systems and well-known experts on the logistics of the scheme expressed support for the view that the current economic situation, with increased investment in infrastructure is essential to stimulating domestic demand, however, the need for more rational use of capital planning, reasonable As well as the layout of the effective use of funds.
Prior to this, the Ministry of Railways, "11th Five-Year Plan" of a total investment of 1.25 trillion yuan. In late October, in order to adapt to the new demands of railway construction, the State Council approved railway construction funds to adjust the size of 2 trillion for the application. Ministry of Railways have previously said that the investment in railway obvious role in stimulating the economy, infrastructure, such as steel, cement demand will be driven electronics, electrical appliances, rubber and glass industry. The increase in employment, according to the reporter learned that only one of the Beijing-Shanghai high-speed railway, the railway system does not include workers, the number of construction on more than 10 people.
"Additional investment is a good thing, in addition to stimulating domestic demand, quickly, from the current situation of China's transport, ports and terminals to increase investment in construction is necessary." Zhang said. In his view, after a large-scale investment in construction, China's roads are basically sound, but the railway construction but it is lagging behind, a reasonable distribution of traffic should be the perfect road and rail facilities.
Therefore, Zhang speculated that the investment funds in the distribution of specific geographical areas and aspects will be emphasized. Reporters learned that in addition to 5 trillion of investment is expected to be completed ahead of the "five vertical cross-seven" project, the port will increase in construction investment. "The port and terminal construction investment is essential because we regard this as the building of the developed countries, can not keep up the economic development of the situation." In addition, Zhang suggested that in order to balance regional development, should also take into account the central and western regions Infrastructure. In accordance with the former Ministry of Planning, the "11th Five-Year Plan" period, the coastal port handling capacity to add more than 80%, fitness close to 1:1 (meaning the ship to ensure that Hong Kong be able to discharge immediately, without waiting), which means that the port to Rational distribution and expand the port's handling capacity to improve the conditions of the port channel. At the same time, inland water transport in the area, it is necessary to speed up the Yangtze River "golden waterway" construction. In addition, we must establish a basic land, sea and air search and rescue system, focusing on water safety and regulatory relief to increase capacity significantly. These projects ahead of schedule which requires huge capital investment.
Granted greater hope
Chinese ports are concentrated in the southeast coast, the mainland transport is still the main road and rail. According to informed sources, 5,000,000,000,000 yuan of investment will be balanced by land and sea investment. The funds do not have much difficulty, in addition to the state's financial investment in the infrastructure budget, the state would provide an additional financial input, in addition, primarily by issuing bonds in the form of specific projects to raise funds.
"This investment in a large number of sounds, but at present China's overall national strength, not very difficult." External economic and trade finance University College Professor Ding Jianchen have said. In his view, despite the issuance of treasury bonds, foreign loans or to cause a degree of fiscal deficit, but the deficit is not necessarily a bad thing, he said: "From now on stimulating domestic demand, the situation far more important to the budget deficit."
Dingjian Chen at the same time that these funds will eventually be translated into the stock of assets has become state-owned assets, such investment into and from the middle out to measure the "cost", so that the approved investment projects more likely.
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