At present, a series of policy signals for stable investment have been strengthened. Under the influence of the continuous refinement of relevant policies, the acceleration of the approval of infrastructure projects and the acceleration of the issuance of special bonds, the growth rate of capital investment will stabilize and rebound in the fourth quarter, and the growth rate of new real estate construction area will increase.
According to the latest data released by the National Bureau of Statistics, from January to October, the national fixed assets investment (excluding farmers) increased by 5.7% year-on-year, and the growth rate increased by 0.3 percentage points compared with January to September. Among them, from January to October, infrastructure investment increased by 3.7% year-on-year, 0.4 percentage points higher than the first three quarters, achieving the first rebound since this year.
According to the data released by the Development and Reform Commission, domestic fixed assets investment has increased significantly since the third quarter of this year. The amount of fixed assets investment projects approved by the NDRC in the third quarter of this year is 4.8 times as much as that in the second quarter and 2.6 times as much as that in the first quarter.
A large number of densely landed fixed assets investment projects, from the current open coverage of various projects, are closely linked with the previous issued "Guidelines on Maintaining Shortcomings in Infrastructure Field" (hereinafter referred to as "Opinions") which put forward a number of key areas.
The Opinion clearly states that "we should focus on promoting the early stage work of a number of new, relocated and expanded projects of international hub airports and regional airports in the central and Western regions, striving to start construction as soon as possible, enhance the competitiveness of international hub airports, and expand the air transport coverage in the central and Western regions." In addition, the "Opinions" also put forward for railway construction, focusing on the central and Western regions, to accelerate the high-speed railway "eight vertical and eight horizontal" main channel project, expand regional railway links, and further improve the backbone railway network. We will accelerate the construction of a number of strategic and landmark major railway projects. We will promote the planning and construction of inter-city railways in Beijing, Tianjin, Hebei, the Yangtze River Delta, Guangdong, Hong Kong and Macao.
These are undoubtedly good news for the construction machinery industry.
Experts said that the next five years will be an opportunity period for the construction machinery industry to improve quality, increase efficiency, transform, upgrade and develop, an opportunity period for international development, and an important stage for China's construction machinery industry to become a powerful construction machinery country. Among them, "one belt and one road" undoubtedly plays an important role. The prospect of internationalization of China's construction machinery is promising. With the advent of Internet and artificial intelligence era, construction machinery is developing towards informatization and integration. With the continuous promotion of industrial transformation and upgrading, the new four modernizations (electrification, networking, intellectualization and sharing) will be the focus of industry development in the future.
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