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Development and Reform Commission within 21 days reply 16 railway 5 airports trying to steady growth

2014-11-07
In October 16th to November 5th this 21 days, the national development and Reform Commission has approved 16 railways and 5 airport a total of 21 projects, these projects with a total investment of 693374000000 yuan. Experts said, the current China downtown pressure on the economy is large, the national development and Reform Commission intensive approved infrastructure projects, release the obvious intention of steady growth.
21 days to reply 16 railway 5 airport a total investment of over 693300000000 yuan
The three quarter of this year China economic growth of 7.3%, the growth rate dropped 0.2 percentage points in the two quarter, a large downtown pressure on the economy, the national development and Reform Commission seems to enter the accelerated steady growth pattern, in 21 days of intensive approved 21 projects, including 16 railways and 5 airport.
This round of intensive reply began on October 16th, the day of the national development and Reform Commission approved the Dali - Ruili railway, Yuxi to Mohan railway, Jinzhou port to Inner Mongolia Baiyinhua Railway Engineering, the 3 project is expected to total investment of 95878000000 yuan.
The next day later in the three quarter economic data officially released, is also in October 22nd, the national development and Reform Commission approved the Qianjiang to Zhangjiajie to Changde, Shangqiu to Hefei to Hangzhou, Zhengzhou to Wanzhou 3 railway projects, also approved the Guizhou Renhuai, Yunnan Lancang, Inner Mongolia Zhalantun, Guoluo, Jilin Qinghai Songyuan Chagan Lake 5 Civil Airport project. Data shows, 3 railway projects with a total investment of 144516000000 yuan, 5 airport projects with a total investment of 5490000000 yuan.
After 8 days of October 30th, the national development and Reform Commission once again approved 3 railway projects, respectively, the section from Lhasa to Linzhi Datong to Zhangjiakou railway passenger dedicated line, Mengxi to central China area railway coal transport channel, the Sichuan Tibet railway, 3 projects with a total investment of 247630000000 yuan.
Entered in November, in Beijing, APEC leaders meeting Zhou Qimu in November 5th, the national development and Reform Commission day written reply within 7 railway projects, including the Heshun to Xingtai railway, Quzhou to Ningde railway, Golmud to Korla railway, Nanning to Baise section of Nanning Kunming Railway Construction of the second line, auspicious clouds to Lincang railway, Lianyungang to Zhenjiang railway and the Nanchang to Ganzhou railway, 7 projects with a total investment of about 199860000000 yuan.
Thus, in the October 16th to November 5th of 21 days, the national development and Reform Commission approved the above at least 16 railway lines and 5 airport project, the 21 projects a total investment of about 693374000000 yuan.
Hedge in areas like real estate investment atrophy highlights the steady growth intentions
"Since October, the national development and Reform Commission has approved the railway, airport project is close to 700000000000, for a month in October approved the railway, airport project investments reached about 490000000000, intensity and approved amount is far higher than other months, steady growth intentions clear, is expected this year, railway investment may be far more than the beginning of the 800000000000 yuan plan." Senior macroeconomic researcher Shenyin Wanguo research Guo Lei pointed out.
"The current economic downward pressure is bigger, the government clearly beginning to emphasize steady growth, the railway infrastructure was accelerated, to hedge against the real estate and private sector investment atrophy." The vice president, the peoples livelihood Securities Research Institute chief macroeconomic researcher Guan Qingyou to a reporter said that the real estate investment long period of weakness, overcapacity situation has not been fundamentally alleviated, manufacturing industry investment insufficient power, stabilize the economy must rely on infrastructure investment holding. Guo Lei pointed out that the railway construction field there is currently no excess capacity, and also for industrial chain pulling effect widely, is expected to accelerate the field of infrastructure investment will be in 4-6 months after pulling effect on economy, the first quarter of next year at the end of the current round of economic or can feel the demand side forces of change.
It is worth noting that this round of approved the construction of railway projects mostly located in the central and western regions, which also and in April 2nd this year, the standing meeting of the State Council put forward "accelerate railway especially the central and western railroad construction" spirit can be traced to the same origin.
Macroeconomic Research Office of the state information center director plow to a reporter said, "a ring for trains, million taels of gold", Midwest infrastructure is weak, there is a great demand for railway transportation infrastructure, accelerate railroad Midwest and poverty-stricken areas and related facilities, for the local economic and social development and people life improvement of production conditions, are of great significance.
"This will also alleviate the regional infrastructure gap," Niu Li said that the current economic and social development of Chinas regional gap between the very large, so to increase the support for the development and the central and western regions, is conducive to narrow the regional gap between, and this also is adjusted through an important aspect of economic structure.

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