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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