in shanghai, state-level data exchanges and computing platforms have accelerated their layout to promote the digital transformation of the economy. in sichuan, more than 170 rural cable bridges will be completed this year, benefiting 200,000 rural residents. since the beginning of this year, all regions and departments have made great efforts to stabilize investment, enhance the key role of investment in optimizing the supply structure, and promote rational growth of investment. how should we improve the investment environment, stimulate investment vitality, and steadily promote high-quality economic development? the reporter interviewed relevant experts.
the investment structure continued to improve, with strong support for investment in infrastructure and high-tech industries
total investment of 13.5 billion yuan - in july this year, the first phase of the battery factory project of ningde times in yichun, jiangxi province was put into operation. in just 18 months, the plant was built. "the plant is equipped with four super-intelligent production lines, and it only takes 1.5 seconds to produce a set of cells after the production, and the annual output can assemble 500,000 electric vehicles." yichun times operations director tang jianhua introduction.
since the beginning of this year, investment in key areas across the country has maintained rapid growth. from january to july, investment in infrastructure and manufacturing increased by 6.8% and 5.7%, respectively, both faster than the overall investment growth rate. du yue, deputy director of the comprehensive office of the investment research institute of the chinese academy of macroeconomic research, believes that the investment structure continues to optimize, and the driving role of infrastructure and manufacturing investment continues to strengthen, and the key role of optimizing the supply structure is further played.
the growth drivers of innovation continued to be consolidated and unleashed. the successful commercial operation of domestic large aircraft, the installed capacity of industrial robots accounted for more than 50% of the global proportion, the performance verification of new technology components of the new generation of emu was completed, and the high-end, intelligent and green transformation was promoted by promoting technological innovation and transformation and application, and the industrial upgrading trend continued. from january to july, investment in high-tech industries increased by 11.5 percent year on year, and investment in scientific research and technological services increased by 23.1 percent year on year.
investment in large projects will play a stronger role in driving growth. in the first half of the year, the investment in projects with a planned total investment of 100 million yuan or more increased by 10.9% year-on-year, 0.2 percentage points higher than that from january to may; the contribution rate to total investment growth increased by 10 percentage points from january to may.
investment, as one of the "three carriages" driving economic growth, plays an important role in our country's economic development. "the physical volume formed by investment creates demand in the short term and supply in the medium and long term, which is of great significance to promoting the effective connection and smooth circulation of all links of the national economy. it is not only a strong support for stable growth, but also an important carrier for accelerating the construction of a modern industrial system." wei qijia, director of the industrial economy research office of the economic forecasting department of the state information center, said.
we will continue to unleash investment potential in key areas and weak links of the national economy
in the first half of this year, the national development and reform commission approved 91 fixed asset investment projects, with a total investment of 701.1 billion yuan, mainly in the energy, high-tech, transportation, water conservancy and other industries. the surveyed experts believe that to better play the key role of investment, we must accurately grasp the direction of investment, focus on the key areas and weak links of the national economy, continue to release the potential of investment, and improve the quality and efficiency of investment.
at present, all regions and departments are working hard to solve practical problems in economic and social development, and continue to promote investment in key areas such as transportation, energy, water conservancy, ecology, and people's livelihood to shore up weaknesses.
carry out infrastructure construction in advance. the construction of the yunnan-tibet railway haba xueshan tunnel has been completed, the construction of supporting facilities and modernization projects in hetao large-scale irrigation area has been accelerated, and the middle part of the third line of west-east gas transmission and the fourth line of west-east gas transmission are at the peak of construction. in the first half of the year, china completed 1.83 trillion yuan of fixed assets investment in transportation, an increase of 9.1%. the completed investment in key energy projects exceeded 1 trillion yuan, up 23.9% year on year.
we will promote the development of new infrastructure. du said that since the beginning of this year, investment in new infrastructure construction has maintained rapid growth, with a growth rate of 16.2% in the first half of the year, accounting for 0.4 percentage points higher than that of the same period last year, laying a solid foundation for medium - and long-term innovative development.
we will strengthen the development of major projects to meet the needs of the people. accelerate the renewal and transformation of urban pipelines, increase inclusive elderly care and medical and nursing service facilities, and continue to improve fitness facilities around the masses... from january to july, investment in electricity, heat, gas and water production and supply increased by 25.4%. from january to july, construction began to renovate 46,600 old urban residential areas nationwide, benefiting 7.95 million households.
du yue suggested that promoting effective investment play a greater role in economic recovery and high-quality development, and continue to promote investment and consumption to form interactive synergy. on the one hand, we will increase demand for traditional bulk consumption such as automobiles and home appliances, actively develop service consumption and emerging consumption, and give play to the role of consumption in driving investment in the manufacturing industry. on the other hand, we should optimize the investment structure around consumer demand, increase investment in consumer infrastructure, consumption scenarios, logistics facilities and other related fields, and promote investment and consumption to form a strong synergy to expand domestic demand.
we will give better play to the driving role of government investment and stimulate the vitality of private investment
the national development and reform commission recently issued the notice on further strengthening the work of promoting private investment and mobilizing the enthusiasm of private investment, which proposed to give full play to the important role of private investment and strive to keep the proportion of private investment in fixed asset investment at a reasonable level. it will further improve the environment for private investment, enhance the willingness of private investment, and enhance the vitality of private investment.
private investment is an important force for promoting economic development, stabilizing overall investment and expanding social employment. since the beginning of this year, the growth of private investment has come under considerable pressure. "we must have the determination to promote the growth of private investment, but we must also fully understand the difficulties and complexities that private investment growth may face, and remain patient and focused." dr. zhang peiyuan of the investment research institute of the chinese academy of macroeconomic research believes that private investment still has strong growth momentum and growth space, and is expected to stabilize and improve with the gradual improvement of the internal and external environment and the introduction of a series of favorable policies.
we will stabilize expectations and boost investment confidence. "in a predictable market and social environment, private companies have more incentive to engage in innovative activities and long-term investment." shen li, associate researcher of the economic forecasting department of the state information center, said that the opinions of the central committee of the communist party of china and the state council on promoting the development and growth of the private economy released in july proposed that the adjustment procedures of enterprise policies should be implemented in accordance with the law and regulations, and a reasonable transition period should be set according to the actual situation. this measure will help stabilize and guide the expectations of private enterprises and enhance private investment confidence.
strong service, enhance investment capacity. zhang peiyuan suggested that all localities should regularly carry out the promotion of private investment projects, support private capital to participate in major projects, introduce corresponding policies and measures in tax relief, loan discount interest, financial subsidies, and strengthen the element guarantee of key private investment projects.
"both government investment and private investment are indispensable." du yue believes that to continue to give full play to the driving role of government investment, it is necessary to accelerate the issuance and use of local government special bonds, and promote a number of projects that make up for weaknesses, benefit people's lives, and benefit both the current and long-term as soon as possible to land and form a physical workload. at the same time, with the formulation and implementation of the package debt package, local government debt risks will be effectively prevented and resolved, and investment capacity will be enhanced.
source: chinese government website