Machinery / Industrial Parts & Tools

For a long time, investment has been one of the "troikas" driving China's rapid economic growth. Especially when the economy is facing downward pressure, investment has become an important means of stabilizing the macroeconomic market.

Since the beginning of this year, the central government has taken multiple measures, continued to deploy and expand effective investment, and urged that projects and funds be put in place as soon as possible. Yang Daoling, director of the Big Data Analysis Division of the Big Data Development Department of the State Information Center, said that a number of high-frequency data monitoring showed that the recent construction investment of engineering projects showed a strong upward trend.

In the first half of the year, the winning bid amount of project investment increased by nearly 20% year-on-year

Judging from the newly added funds for winning projects, project investment accelerated in the first half of this year, and the amount of winning bids increased by nearly 20% year-on-year.

Yang Daoling's analysis pointed out that through the monitoring and analysis of the data on the winning bids of the national investment projects on the Swordfish Tendering Platform, it shows that since the beginning of this year, the year-on-year growth rate of the national project winning bids has begun to accelerate, and the upward trend is very obvious. From January to June this year, the year-on-year growth rate It reached 19.4%, showing that the national project investment has entered a state of continuous development since the beginning of the year.

In terms of regions, in the first half of the year, the implementation of projects in various regions has accelerated. Among them, the eastern region has the highest winning bid amount, accounting for nearly 47.5% of the national proportion; the western region has the fastest growth rate, with a year-on-year increase of 23.4%.

In terms of fields, in infrastructure fields such as construction engineering, energy and chemical engineering, water conservancy and hydropower, transportation engineering, municipal facilities, etc., construction engineering projects are still in the "leading role" position, and the total amount of winning bids far exceeds that of other fields. It leads by a large margin, and the year-on-year growth rate of water conservancy and hydropower is also nearly 40%. The data shows that related fields are an important "power point" for expanding investment.

Construction fever is continuing to pick up

In addition, judging from the high-frequency data of project implementation, the construction heat is continuing to pick up. Yang Daoling said that while the project funds were accelerated, many indicators closely related to construction, such as supply and demand of building materials, logistics and transportation, and construction machinery, were also gradually picking up recently.

From the perspective of upstream building materials, the monitoring data provided by China Cement Network shows that since the beginning of this year, the operation rate of cement mills and the cement delivery rate in the country have been on the rise. The shipping rate has continued to rise since March, and remained at around 40% from May to June, showing that cement supply and demand are recovering steadily.

From the perspective of logistics and transportation, the Futian Zhike Logistics Index shows that since March, the logistics index of concrete, sand and gravel, muck and other building materials-related industries has risen rapidly, reaching 94.7 in May, higher than the industry-wide trunk logistics index of 93.7. In the first three weeks of June, the logistics index of building materials-related industries continued to operate at a relatively high level, and the improvement of the building materials logistics index was also an important manifestation of the recovery of construction projects.

Judging from the construction situation, the Sany Heavy Industry machinery operation data provided by the tree root interconnected root cloud platform shows that the construction activity of excavators since the beginning of this year is generally higher than that of the same period last year. 8.5%, and the total working hours also increased by 5.3% year-on-year.

Yang Daoling pointed out that these series of indicators show that the construction vitality of national engineering projects has continued to improve since the beginning of this year, and it is expected that the physical workload will also be formed rapidly.

However, due to the fact that a project requires a certain transmission cycle from investment to the formation of physical workload, and the frequent epidemics in many places this year and the rainfall during the flood season have adversely affected the progress of the construction, the current overall construction activity compared with the same period last year is still lower than that of the same period last year. certain gap. With the gradual easing of the national epidemic situation and the implementation of a package of measures to stabilize the economy, the vitality of engineering construction in the second half of the year is expected to further burst.

Take multiple measures to continue to make efforts to actively expand effective investment

Giving full play to the key role of investment, especially promoting the implementation of investment in major projects as soon as possible, is an important starting point for boosting employment, expanding consumption, and boosting market confidence. It is also an important support for promoting high-quality economic development.

Yang Daoling suggested that in the next stage, it is still necessary to continue to make precise efforts, and take multiple measures to actively expand effective investment. The first is to speed up the construction of major projects. It is necessary to focus on projects that benefit both the current and the long-term. In particular, it is necessary to launch multi-purpose projects that can not only make up for shortcomings, adjust the structure, but also increase consumption and expand employment. Actively select and reserve projects according to local conditions, and regulate and guide funds to the economy. Key areas and weak links in social development are skewed.

In addition, it is necessary to leverage and guide social investment and stimulate the vitality of private investment. It is necessary to give full play to the leverage of major projects and government investment, mobilize more social funds to participate widely, provide more professional financial services for project investment and financing, and stimulate the vitality of private investment.

In addition, it is necessary to continuously improve the inter-departmental coordination mechanism, optimize the project approval process, do a good job in the precise connection between funds and projects, and with enterprises, reduce the waiting time for funds, and avoid idle and waste of funds.

Finally, it is necessary to use advanced technologies such as big data, the Internet of Things, and artificial intelligence to strengthen the management of the entire life cycle of the project, strengthen the evaluation and supervision of major engineering projects, and ensure that the project investment achieves the expected results.