Railway infrastructure investment blowout in Septe

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In September, the "blowout" of railway infrastructure investment increased by 111% year-on-year

railway infrastructure investment has begun to work towards the annual target of nearly 500billion yuan. On the 10th, the official railway station of the Ministry of Railways released the railway infrastructure investment data in September. The data showed that since the first half of this year, the national railway infrastructure investment in September was 642 700 million yuan, compared with 304 in the same period last year 100million yuan, an increase of 111.3% year-on-year; Compared with 39.33 billion yuan in August this year, it increased by 63% month on month. In order to achieve the annual target, the railway infrastructure has shown a blowout trend since September

the data also shows that from January to September this year, the national railway infrastructure investment was 292billion yuan, 59% of the annual target of 496billion yuan. This also means that in the remaining three months, the railway infrastructure investment will be 204billion yuan, with an average monthly investment of 68billion yuan. The friction and resistance blowout in the second aspect of railway infrastructure investment will run through the end of the year. Benefiting from this round of infrastructure investment, the railway infrastructure investment plan has been rising, from 40billion yuan at the beginning of the year to 496billion yuan again and again. Industry insiders said that the figure of 496billion yuan may be refreshed before the end of the year, and the possibility that the number of infrastructure investment will eventually exceed 500billion yuan cannot be ruled out

although up to now, the completion of railway infrastructure in nine months is less than 300billion yuan, accounting for less than 60% of the annual plan, it should be no problem to complete the annual goal of 496billion yuan of railway infrastructure. The enterprises in the railway infrastructure sector have strong assault ability. As long as the capital problem is solved, the time is not a problem. The person in charge of the relevant department of a central enterprise whose main business is railway infrastructure told

in fact, in August this year, there has been an inflection point in railway infrastructure investment. It is noted that the investment data of railway infrastructure in the first seven months of this year have decreased significantly compared with the same period last year, while the year-on-year excess was achieved in August. Although the railway infrastructure investment in August only increased by 19% year-on-year, the railway infrastructure investment data changed the decline of more than half a year, and there was a turning point

the spring of railway infrastructure may come again. On the one hand, railway infrastructure can promote economic growth; On the other hand, in terms of reading the spring force of the stroke on the pressure gauge, China's railway construction still needs great development. The goals written into the medium and long term railway plan and the 12th Five Year railway development plan should be achieved, which determines that China's railway construction should not only not stop and reduce, but also maintain a certain amount of growth

Wang Mengshu, an academician of the Academy of engineering, said that on the whole, the railway construction environment this year is much better than last year. Basically, everyone has work to do, and they are very motivated

how long the current blowout can last and whether there can be a new climax depends on the implementation of funds. The main source of equipment final acceptance of railway construction project funds is still bank loans. The debt of the Ministry of Railways is more than 2trillion yuan. The asset liability ratio of China Railway Construction and China Railway has exceeded 80%, and the asset liability ratio of some subordinate bureaus may be as high as 90%, which seriously affects the enthusiasm of bank lending

it is understood that the central bank is considering improving the positive incentive mechanism for financial institutions to issue Railway Loans, raising funds from the Ministry of Railways and relevant provinces and enterprises, constantly increasing capital investment and reducing the asset liability ratio of the Ministry of railways; According to the principle of "who pays the policy, who pays the money", the financial cost of the Ministry of Railways is reduced by clarifying subsidies, guarantee mechanisms and other forms, so as to enhance the enthusiasm of financial institutions to issue railway loans

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