Next Year's Government Investment Direction Determined: Mainly Shantytown Renovation, Affordable Housing, Water Conservancy, etc.

2013-12-16 567 0人评论
       Xu Shaoshi, Director of the National Development and Reform Commission, said today at the National Development and Reform Work Conference that in 2014, the central budget investment should focus on major undertakings in terms of investment structure, with priority support for major projects of overall, fundamental and strategic significance, mainly directed to supporting infrastructure for shantytown renovation and affordable housing, high-standard farmland and rural livelihood development, water conservancy and major infrastructure such as railways in the central and western regions, as well as major energy-saving and emission-reduction and environmental governance projects.

Xu Shaoshi introduced several key tasks for next year to actively expand effective domestic demand and promote steady economic growth. In terms of fully tapping consumption potential, first, it is necessary to enhance residents' consumption capacity, coordinate and promote the introduction of detailed implementation rules related to deepening the reform of the income distribution system, and strive to increase the income of urban and rural residents, especially low- and middle-income groups; second, it is necessary to cultivate new consumption hotspots, accelerate the development of information consumption and service consumption such as elderly care and health, for example, support the construction and business development of 4G networks, expand consumption of green, energy-saving and environmental protection products, and continue to implement the project of energy-saving products benefiting the people; third, it is necessary to improve the consumption environment, formulate guiding opinions on promoting the innovative development of e-commerce, and strengthen the construction of logistics infrastructure such as cold chains for agricultural products and urban logistics distribution.

Efforts should be made to maintain stable investment growth. Next year, while adjusting the structure of budget investment and determining reasonable investment directions, government investment must be well managed and well used. Next year, a considerable number of major projects identified in the 12th Five-Year Plan will be launched for construction, and those under construction will also need to be accelerated, which will create relatively large funding demand. Development and reform departments should use limited funds well and effectively. It is necessary to further improve the policy environment, give play to the leverage role of government investment in "moving a thousand catties with four ounces," and effectively attract and unleash private investment.

In terms of striving to expand external demand, first, it is necessary to optimize the import and export structure, actively give play to the driving role of large complete equipment sets such as high-speed rail, nuclear power and communications in related industries and service exports, and increase imports of energy and raw materials as well as advanced technology and equipment and key components that are in short supply domestically; second, it is necessary to relax market access for foreign investment and continue to optimize the industrial and regional structure of foreign investment; third, it is necessary to promote overseas industrial investment, support enterprises in going global jointly, and guide competitive industries to go global; fourth, it is necessary to actively advance the construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and promote the construction of the China-Pakistan Economic Corridor and the Bangladesh-China-India-Myanmar Economic Corridor.

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