www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

China vows to invest more in infrastructure, public services

By Wang Yanfei (China Daily) Updated: 2016-03-15 08:08

China vows to invest more in infrastructure, public services

Newly approved projects expected to help ongoing restructuring

China's top economic planner has pledged to increase investment in infrastructure and public services, following a mild recovery in fixed assets investment over the first two months of this year.

A total of 15 new fixed asset investment projects worth 34.1 billion yuan ($5.3 billion) have been approved this month, Zhao Chenxin, the spokesman for the National Development and Reform Commission, said on Monday.

"The newly approved projects mainly improve shortcomings amid the economic restructuring process, such as waterworks construction and energy supply," said Zhao at a news conference-echoing comments made earlier by Xu Shaoshi, NDRC minister, at the two sessions.

Government-led investment projects will account for 500 billion yuan this year and play a key role in guiding and attracting the 50 trillion yuan in fixed asset investment that is forecast, Xu said.

Since 2014, the central government has injected more than 5.3 trillion yuan into programs for industrial and public service development.

By the end of January this year, 1.59 trillion yuan had been spent on information and energy networks alone, while 1.22 trillion yuan was spent on transportation systems, according to NDRC.

Official data show that fixed asset investment in the first two months of this year increased by 10.2 percent year-on-year, up from the 8.2 percent growth rate recorded in December.

Even though the recovery is largely driven by real estate, which saw 3 percent year-on-year growth, the sector lacks a strong foundation due to its high inventory and the increased cost of development, according to Li Jiao, an analyst at the National Bureau of Statistics.

Niu Li, director of macro-economics at the State Information Center, said downward pressures on the real estate and manufacturing sectors, which are among China's key drivers for GDP growth, meant they were unlikely to see a major recovery in the near future.

Infrastructure construction projects-which are mainly government-led and represent around 15 percent of the nation's fixed-asset investments-will be one reliable economic driver in the future, as they provide incentives for local governments seeking returns in the short-term and will benefit the economy in the long run, Niu said.

Hao Yisheng, an economics professor with China University of Political Science and Law, said government investment in fixed asset projects is essential to maintain economic growth within a reasonable range.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 成人午夜免费观看 | 国产亚洲人成在线影院 | 国产精品久久久久一区二区三区 | 九九在线观看视频 | 欧美一级毛片不卡免费观看 | 欧美一区二区在线免费观看 | 国产精品美女久久福利网站 | 国产91精品高清一区二区三区 | 91免费版网站 | 亚洲伊人久久综合影院2021 | 91国内精品久久久久怡红院 | 寡妇一级a毛片免费播放 | 亚洲99爱| 国产在线毛片 | 男人天堂网2022 | 热99re久久精品这里都是免费 | 欧美视频在线观看免费精品欧美视频 | 精品国产不卡一区二区三区 | 国产亚洲午夜精品a一区二区 | 国产欧美一区二区三区精品 | 欧美日韩亚洲一区二区三区在线观看 | 国产亚洲一区二区三区在线 | 免费日本在线视频 | 一本一本久久a久久精品综合麻豆 | 一级特色黄大片 | 一本色道久久综合亚洲精品加 | 成人久久精品一区二区三区 | 久久久久久久一线毛片 | 91精品宅男在线观看 | 国产性tv国产精品 | 经典国产乱子伦精品视频 | 免费中文字幕一级毛片 | 国产欧美久久久精品 | 日日操干 | 国产精品福利社 | 国产成人一区二区三区 | 怡红院成人网 | 人成精品视频三区二区一区 | 99国产高清久久久久久网站 | 国内偷自第一二三区 | 久久久小视频 |