日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Better outlook for infrastructure projects

By Wang Yanfei | China Daily | Updated: 2018-10-24 09:39
Share
Share - WeChat
Workers from China Railway Construction Group lay tracks along the Chengdu-Guiyang high-speed railway line. [Photo by Cao Ning/For China Daily]

The decline in China's infrastructure spending is likely to be stemmed next year, with more projects expected to start in the next three to five years and sufficient funding support, according to an official with the nation's top economic regulator involved in the approval of fixed-asset projects.

"Expectations for next year's infrastructure spending are not as pessimistic as some people have predicted, at least the trend is unlikely to be the same compared with this year's," said the official with the fixed-asset department of the National Development and Reform Commission, who declined to be identified due to lack of authority to speak to the media.

That is because projects in the pool remain "abundant", he said, referring to those expected to commence in the next year and in the next three to five years, mainly in the transportation and urban rail sectors.

In response to concerns over a possible shortage of finance, as funding channels may be tightened as the government is committed to curbing local government debt risks, the official said there is no major shortfall in funds supporting infrastructure projects, as the money mainly comes from special funds allocated by local governments.

In the meantime, project approval may tend to speed up in the near future, after the government released guidelines to accelerate the approval process, the official said.

Local projects - those not in the national key project pool, only require approval from local bureaus of the National Development and Reform Commission.

The comments came as concerns over infrastructure spending increased after data appeared to dampen economic prospects.

A thorough government crackdown on risky lending and the hidden debt of local governments added to concerns over funding and a possible continued slowdown of investment in infrastructure projects.

Only a major relaxation of off-sheet financing and the issuance of special bonds will help infrastructure spending bottom out, said a report by China Merchants Securities released in September.

Local governments have been required to hasten their pace of issuing special bonds to fund infrastructure projects, according to an earlier notice issued by the Ministry of Finance.

Local governments are allowed to issue 1.35 trillion yuan ($196 billion) of special bonds this year.

Some improvements have been made after the government implemented a number of measures.

From January to September, the decline of infrastructure projects intended to be implemented narrowed by 0.1 percentage point compared to the January-August period, according to report by the commission.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 99er这里只有精品 | 日韩av手机在线免费观看 | 三级国产三级在线 | 成人在线视频免费观看 | 国产精品久久久亚洲 | 国产极品在线播放 | 亚洲成人播放 | 伊人网在线观看 | 中文av在线播放 | 国产91对白在线播放 | 国产一级做a爱片久久毛片a | 亚洲免费a| 在线看v片 | 欧美成人精品欧美一级私黄 | 性猛交丝袜高跟鞋老太婆 | 四虎网址在线观看 | 黄色片免费网站 | 中文字幕日韩欧美 | 国产精品精品久久久久久 | 成人午夜高清 | 在线免费观看不卡av | 日韩有码在线视频 | 一区二区三区免费 | 黄页网站免费在线观看 | 日韩av在线一区二区 | av网站在线免费看 | 国产精品美女在线 | 激情综合网激情 | 91在线视频免费看 | 黄色大片黄色大片 | 久久久久久久久久一区二区三区 | 亚欧乱色| 欧美日本另类 | 免费黄色在线网址 | 成人aaaa| 日韩精品久久久 | 亚洲欧美综合视频 | 自拍偷拍在线播放 | 一级特黄特色的免费大片视频 | 18岁成人毛片 | 欧美成人免费观看 |