Eight hundred billion railway investment completed in the event of a “stumbling block”

Entering July and August, the railway construction season began to come. However, there are not many projects recently started. According to authoritative experts, there are currently only 17 feasibility studies approved by the 64 new projects on the railway. Currently, less than 300 billion yuan has been invested in railways, which is far from completing the annual investment target of 800 billion yuan.

“One is whether funds can be implemented in the project; second is whether the formalities for new projects can be completed as quickly as possible. Currently, fewer than 20 of the 64 new projects approved may be approved for feasibility studies. Many of the projects even have land prequalification and environmental assessment approvals. No.” Wang Mengshu, academician of the Chinese Academy of Engineering, told the author that although the enthusiasm for railway construction from the central to the local, railway, and all walks of life is high, there are many procedures for the examination and approval of railway projects, from project approval, land pre-assessment, and environmental impact assessment. The approval of the research and start-up report involves multiple departments and has a long period. This may be the biggest obstacle to achieving the goal of 800 billion yuan.

Relevant experts said that railway investment can promote the development of many related industries, and can promote employment and resolve excess production capacity. It is the starting point for steady growth, and the central government believes it is an important measure of directed regulation. Since the beginning of this year, the National Development and Reform Commission has led the Ministry of Finance, the Ministry of Housing and Urban-Rural Development, the Ministry of Land and Resources, the Ministry of Environmental Protection, the People's Bank of China, the China Banking Regulatory Commission, the State Railway Administration, and the General Corporation of Railways to establish a preliminary consultation meeting on railway investment and financing reform and construction projects. The system will schedule the progress of the work once a month, hold regular liaison meetings, coordination meetings for key and difficult issues to promote railway investment and construction.

According to the author's understanding, since the beginning of this year, the scale of investment in railway fixed assets has been raised four times in a row, from 630 billion yuan at the beginning of the year to 800 billion yuan, and new projects have also been increased from 48 to 64. The conditions for other new arguments are When it is mature, it can be started during the year.