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In the fourth quarter will welcome investment in railways blowout
Release date: 2015/8/3 8:45:11 Views : 877

Beijing  Daily News (Reporters Sun Li DPRK), after the State Department had  raised the annual railway fixed assets investment objectives, China  Railway Corporation, said recently that the responsible person, total  iron adjustments have been made for this year's railway construction  plan, the original plan new projects The  38 was adjusted to 47, by the scale of investment in new projects  increased to 416 billion yuan adjusted 471.3 billion yuan. According to the current progress of railway construction, the  industry is widely expected in the fourth quarter of railway investment will usher in a blowout.

According  to the railway company, the first half of the railway investment in  fixed assets 215.9 billion yuan, accounting for only about 31% of the  annual fixed asset investment. Into  the second half, showing a significant investment in railways warming  trend in the third quarter railway fixed assets investment reached 153.8  billion yuan, accounting for 22% of the annual target. In  July 2013 the State Council executive meeting, the railway "second  five" investment increased 3.3 trillion yuan from the original plan of  2.8 trillion yuan tune, in 2013 the railway fixed assets investment of  650 billion yuan from the beginning of the year increased to 690 billion yuan, which the market interpreted as a signal of the government to revive rail investment.
Railway  experts, Tongji University, Professor Sun Zhang said, by the  macro-economic downturn and the impact of the former Ministry of  Railways was split, see the prospect of lower corporate investment have  concerns about the situation, resulting in the first half of the railway  investment has slowed. After entering the second half, the division of railway-related  sectors gradually clear, rail freight organizational reforms achieved  tangible results, market enthusiasm for railway investment has resumed.
"The  recent frequent high-level outside the central market high-speed rail,  which is a positive signal for the market. We want to be better," going  out ", the first thing to do is to increase domestic railway  construction, and only in the country formed a good example accumulate  more experience in construction and management, railway export to more  persuasive. "Sun Zhang said railway fixed assets investment in the first  three quarters of 53.6% of the annual target, according to this  schedule, the fourth quarter will account for railway investment 46.4% the year, investment will further increase.
Railway  company also said that as at the end of October, 47 new projects have  been completed planned construction design, start construction before  the end of all; the recent Fuzhou to Pingtan railway, Chengdu Pujiang railway and other projects will enter the construction phase; By the end of this year, Chengdu-Guiyang Railway section Leshan to  Guiyang, Jinan, Shijiazhuang railway passenger line, Lianyungang  (601,008, stock it) to Yancheng railway and other projects are also  expected to start the construction.
"Railway  construction includes a plurality of links survey and design, equipment  manufacturing, construction and installation, raw material supply, the  increase in railway construction and investment objectives of the whole  industry chain will be positive." Economics and Management School of  Beijing Jiaotong University professor Zhao Jian said, first, China  Railway (601390,  stock it), China Railway Construction (601,186, stock it) and so  responsible for rail infrastructure companies will get good; secondly,  China South Locomotive (601,766, stock it), China CNR (601299, stock it)  the wagon orders will increase; downstream railway electrical equipment suppliers will also benefit; cement,  steel and other sectors of the market demand will also increase; Railway  Bureau and the rest of the total iron as a management and operational  side of the railway, the railway will become the biggest beneficiary of  increased investment.
"From  the national railway situation, overall or in short supply, the  additional railway investment is necessary, but should be wary of some  of the region to achieve annual economic growth target, to increase  investment in railways at the end of the assault, resulting in excess  supply and waste resources problem. "Zhao Jian reminder.

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