在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

US EUROPE AFRICA ASIA 中文
Business / Economy

Strong infrastructure investment to underpin stable growth

(Xinhua) Updated: 2016-04-27 10:26

BEIJING - After a satisfactory jump in the first quarter (Q1), China's infrastructure investment is set to continue to be a major economic driver during the rest of the year, especially thanks to projects to alleviate poverty.

The Chinese economy posted a better-than-forecast year-on-year increase in Q1 thanks to capital flow into infrastructure projects and property development. Infrastructure investment totaled 1.54 trillion yuan ($235 billion), up 19.6 percent year on year, data from the National Bureau of Statistics (NBS) shows.

"This growth is expected to be maintained," according to CICC analyst Liu Liu, who cited upcoming projects and huge room for infrastructure improvement.

Growth of new projects has accelerated in most parts of the country, with total planned investment up 39.5 percent year on year in the January-March period, the fastest since 2012, Liu said.

Liu expects the upward trend to continue in the second quarter as state-owned contractors have posted strong order volume since the second half of 2015. It takes around two months from the signing of a contract for construction to begin.

However, Liu predicts a deceleration in the second half due to a high base last year.

Besides, investment in urban rail transit, which has contributed substantially to growth, still offers ample potential as the length of urban rail transit lines in the country's most developed cities still lags behind large overseas cities, Liu said.

Infrastructure investment is seen as one of the most effective means for China to stabilize economic growth against looming downward pressures.

To ensure infrastructure investment continues to grow, the government may need to further raise deficit ratio, and allow private investment via more channels, including public-private partnership (PPP) and special bonds, according to a research note issued by Ping An Securities.

NBS chief Ning Jizhe, who also advocates PPP projects, said construction funds could be established to attract private investment.

The National Development and Reform Commission, the top economic planner, has said one of its priorities this year is to improve the infrastructure project system to attract investment and raise funds.

China has also started to improve infrastructure in rural areas to alleviate poverty and prop up the economy.

At a State Council executive meeting last week, the government promised to accelerate the construction and upgrading of rural roads, expressways, rails and airports over the next five years as a way to help lift underdeveloped areas out of poverty.

"Rural areas need more money to improve living conditions, such as better sewerage systems and other sanitary facilities, as well as roads and greening," said Geng Qinghai, a housing and rural-urban development official in east China's Shangdong Province.

By raising rural investment, China can find an outlet for saturated industries including steel and cement while trying to rein in a continued slowdown, analysts said.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 一级片免费在线观看 | 日本在线看片 | 99re久久 | 成年网站在线观看 | 人人干人人草 | 国产wwwwww | 国产一区精品视频 | 中国农村毛片免费播放 | 亚洲高清免费 | 国产福利在线视频 | 性大毛片视频 | 黑人精品xxx一区一二区 | 毛片一区 | 99热国产在线 | 黄色免费网站视频 | 国产三级在线播放 | 亚洲欧美日韩另类 | 在线视频日韩 | 成人免费毛片片v | 在线免费观看黄色片 | 欧美福利一区 | 四虎永久在线视频 | 久久av片 | 91丨九色丨国产在线 | 自拍偷拍福利视频 | 欧美又大又硬又粗bbbbb | 国产精品日韩精品 | 欧美人xxxx | 美女黄色在线观看 | 欧美性猛交xxxx免费看久久久 | 黄色片中文字幕 | 欧美一区二区三区不卡 | 欧美性猛交xxxx黑人猛交 | 久久久久久久网站 | 黄色一区二区三区 | 成人特级毛片 | 午夜激情视频在线观看 | 久久精品综合 | 男女无遮挡xx00动态图120秒 | 日韩免费小视频 | 国产精品一区一区三区 |