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Seize the golden period of construction in the third quarter! Development and Reform Commission deploys the next step!
  • Time:Sep 06, 2022
  • Views: 9

      On the afternoon of September 5, the State Council Information Office held a regular briefing on the State Council's policies, introducing the follow-up policy measures to the package of economic stabilization policies, and answering reporters' questions.       Yang Yinkai, Deputy Secretary-General of the National Development and Reform Commission, introduced that the executive meeting of the State Council proposed to increase the quota of policy-based develo...

      On the afternoon of September 5, the State Council Information Office held a regular briefing on the State Council's policies, introducing the follow-up policy measures to the package of economic stabilization policies, and answering reporters' questions.

      Yang Yinkai, Deputy Secretary-General of the National Development and Reform Commission, introduced that the executive meeting of the State Council proposed to increase the quota of policy-based development financial instruments by more than 300 billion yuan, and at the same time required to make good use of the local balance limit of more than 500 billion yuan of special bonds according to law. This is an expansion under the current situation. An important step in effective investment.

      In the next step, the National Development and Reform Commission will work with relevant parties to take effective measures to promote these funds to form a physical workload as soon as possible in accordance with the requirement of "funds follow the project".

      First of all, in terms of making good use of policy development financial tools, in accordance with the deployment of the State Council, the National Development and Reform Commission has promoted the establishment of a coordination mechanism for promoting effective investment in important projects, and adopted a high-efficiency operation mode in which a total of 18 departments led by the National Development and Reform Commission jointly work and operate in parallel. Effectively improve the element guarantee of the project. At present, the first batch of 300 billion yuan of policy-based open financial instruments has been fully allocated, and the formation of physical workload is accelerating.

      In the next step, we will continue to play the role of the coordination mechanism to promote the implementation of the new quota as soon as possible.

      There are three measures in this regard:

      The first is to carefully screen and recommend alternative projects. Organize relevant central units and localities to apply for projects in strict accordance with the investment fields, and form a list of alternative projects after screening, give priority to supporting major infrastructure projects that benefit both the current and the long-term, are included in planning, and have mature preliminary work, and push them to the country in a timely manner Development Bank, Agricultural Development Bank of China and Export-Import Bank of China.

     The second is to speed up the signing of funds and the implementation of supporting financing. Urge all localities to promptly implement alternative project element guarantees and capital investment conditions, connect with the three banks as soon as possible, efficiently promote the signing and investment of funds, and speed up the implementation of other capital funds and various funds for project construction.

      The third is to vigorously promote the project to start construction as soon as possible. Urge local governments to prepare in advance for land acquisition and demolition, procurement and stockpiling, and "multiple access and one leveling" in accordance with the requirements of "one project, one plan", and strive to start construction after the funds are in place.

      There are also three measures to make good use of the limited stock of local government special bonds:

      One is to prepare for the project in time. Recently, local governments have been organized to submit and select a new batch of preparation projects list this year. This list has been fed back to local governments, and the Ministry of Finance, the People's Bank of China and the National Audit Office have also been copied. In addition, there are some projects that have not yet been arranged in the list of preliminary preparation projects this year, which can generally meet the issuance needs of more than 500 billion yuan of quota stocks. For areas with insufficient reserves of individual projects, a batch of supplementary projects will be organized in a timely manner. On this basis, all localities are required to select projects from the list of prepared projects to arrange the issuance of bonds according to the priorities of the projects and the preliminary work.

      The second is to effectively promote the preliminary work of the project. Urge all localities to speed up the approval procedures for project land use, environmental impact assessment, construction permits, etc. in compliance with laws and regulations. Accelerate the implementation of construction conditions such as land acquisition and demolition, municipal facilities, and strive for the construction of the project as soon as the special debt funds are in place.

      The third is to speed up the progress of project construction and use of funds, and guide all localities to give full play to the role of the working mechanism for major projects in the region. At present, all localities have established corresponding promotion working mechanisms in order to promote major projects, and effectively increase the coordination and promotion of special debt projects, and strive to form a physical workload as soon as possible.

      In the next step, the National Development and Reform Commission will urge all parties to seize the golden period of construction in the third quarter of this year, speed up the implementation of project construction, maximize the benefits of investment as soon as possible, and promote the coordination and cooperation of investment within the central budget, local government special bonds and policy development financial instruments , work together. At the same time, actively attract social capital to participate in the construction of major projects, promote the steady growth of investment, and continuously consolidate the momentum of economic recovery.

      The economic recovery is in a positive direction, and the industry will also pick up. ZHENJIN REFRACTORIES will continue to base itself on the high-temperature industry, provide high-quality refractory products, and help the development of the high-temperature industry.

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