Currently in the prime construction period, major project sites across Xinjiang are launching a "summer offensive." Recently, the Autonomous Region Development and Reform Commission held a video scheduling meeting on region-wide investment work deployment and additional government bond projects to push project construction to accelerate further.
Major projects are an important lever for expanding effective investment. In accordance with the decisions and arrangements of the 10th Plenary Session of the 10th Autonomous Region Party Committee, and focusing on the annual investment target of "fixed asset investment growing by about 10% year-on-year this year," the Autonomous Region Development and Reform Commission is actively expanding effective investment and accelerating the building of a modern infrastructure system. In the first five months, key projects in Xinjiang completed a cumulative investment of 96.57 billion yuan based on physical work volume, accounting for 27.6% of the annual plan.
The second and third quarters are the prime and critical period for project construction in Xinjiang. The scheduling meeting proposed anchoring the annual investment targets and tasks to ensure that "more than half of the time has passed and more than half of the tasks have been completed." Major project construction should be advanced at full speed to ensure that "projects that can start are all started and payments that are due are all paid." Prefectures and cities should focus on the list of funds supported by the central government and the list of projects urgently needing acceleration, and advance major project construction at full speed; relevant industry authorities should solidly manage investment project construction in their respective sectors and "combine vertical and horizontal efforts" to stabilize the fundamentals of investment. Project management and lawful inclusion in statistical reporting should be strengthened, the investment volume in the second and third quarters should be maintained, and investment project construction should be boosted in both intensity and efficiency. At the same time, implementation process management for additional government bond projects should be carried out well, various procedures and documents should be standardized and organized, and fund disbursement should be accelerated to avoid idle funds.
In the first quarter, the new energy industry drove a substantial increase in investment in Xinjiang. Xinjiang will continue to advance the construction of various energy projects, give play to the effective boost of new energy projects to investment, promote the early start of approved new energy, thermal power and other projects, accelerate the construction progress of projects under construction, and generate more physical work volume.
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