Central Enterprises Completed Investment of Over 350 Billion yuan in the First Two Months of Steady Investment

Reporters learned from the SASAC of the State Council that since this year, the central enterprises have focused on their main responsibilities and made continuous efforts in expanding effective investment, optimizing investment layout and accelerating the development of strategic emerging industries. In the first two months, the cumulative investment (excluding real estate) has exceeded 350 billion yuan, an increase of 5.6% over the same period last year. The rapid landing of

major projects is the key to effectively drive investment growth. It is understood that in 2023, more than 900 key fixed assets investment projects are under construction and proposed by central enterprises, covering major projects included in the national "14th Five-Year Plan", key national projects issued by relevant departments and projects supporting the strategic development of enterprises themselves, with an investment of more than 150 billion yuan completed from January to February.

For example, on March 26, China's first deep-sea floating wind power platform "CNOOC Guanlan" set sail from Fulu Wharf in Zhuhai, Guangdong Province to Wenchang Sea Area in Hainan, marking significant progress in key technologies of deep-sea wind power in China; Recently, the construction of Huanglong Pumped Storage Power Station in Gansu Province invested by China Nuclear Group started smoothly, with a total investment of 15.3 billion yuan and a total installed capacity of 2.1 million kilowatts. At the beginning of

this year, SASAC issued the Notice on Further Expanding Effective Investment in the Investment Management of Central Enterprises in 2023, which requires central enterprises to put stable investment in a more important position and rationally arrange the scale of investment. In accordance with the project promotion and continuation mechanism of "speeding up the implementation of a batch, systematically planning a new batch, and studying and reserving a batch in advance", we will implement the annual investment plan, speed up the construction of the project, and ensure the orderly progress of the investment schedule in accordance with the time nodes.

The circular clearly States that central enterprises should focus on key areas such as major national projects, infrastructure construction, fostering and strengthening strategic emerging industries, strengthening industrial chains and supplementing chains, and make clear the main direction of expanding effective investment.