The National Development and Reform Commission (NDRC) will issue additional ultra-long-term special treasury bonds this year to support the "dual" construction!

2025-01-07 13:56:20

Since last year, the National Development and Reform Commission, together with relevant departments, has adhered to the top-down approach, coordinated "hard investment" and "soft construction", and achieved a good start in the "dual" construction.

On January 3, the Information Office of the State Council held a series of press conferences on "the effectiveness of China's high-quality economic development". The responsible person of the National Development and Reform Commission said that in 2025, the issuance of ultra-long-term special treasury bonds would be increased to support the "dual" construction more vigorously. What is the effect of the policy of 1 trillion ultra-long-term special treasury bonds in

2024? Since

last year, the National Development and Reform Commission, together with relevant departments, has adhered to the top-down approach, coordinated "hard investment" and "soft construction", and achieved a good start in the "dual" construction. For example, support cities along the Yangtze River to speed up the construction and transformation of 13000 kilometers of sewage pipe network, promote the elimination of 1100 square kilometers of blank areas in the pipe network, and simultaneously establish a long-term mechanism for operation and maintenance; Another example is to support the promotion of comprehensive management of desertified land, afforestation and grass planting, restoration of degraded forests and grassland improvement of nearly 40 million mu, and to fight the three landmark battles of the Three North Project; For example, on the basis of arranging to issue additional treasury bonds in 2023 to support the construction of 25 million mu of high-standard farmland in Northeast China, efforts should be made to arrange ultra-long-term special treasury bonds to support the construction of another 25 million mu, so as to promote the construction of high-standard farmland in Northeast China as soon as possible. The above projects are in the process of advancing, and the effect will continue to play. What are the considerations for making good use of ultra-long-term special treasury bond funds in

2025? Will the "dual" construction be intensified?

This year, we will increase the issuance of ultra-long-term special treasury bonds and give greater support to the "two-fold" construction. The National Development and Reform Commission, together with relevant departments, will make greater efforts in three aspects:

First, intensify construction efforts. We will continue to support the key tasks of ecological environment protection and green development in the Yangtze River Economic Zone, the new land-sea corridor in the western region, the construction of public service system for the urbanization of agricultural transfer population, and the upgrading of higher education. The scope of water conservancy support will be extended to large and medium-sized irrigation areas and large and medium-sized water diversion projects throughout the country; inter-city railway construction projects in key metropolitan areas will be included in the scope of support; and actions to effectively reduce the logistics costs of the whole society will be implemented nationwide.

The second is to strengthen the combination of hardware and software. We should adhere to the combination of project construction and supporting reforms, speed up the formulation of planning policies and the innovation of institutional mechanisms, improve the investment mechanism and improve the comprehensive benefits of investment.

Third, speed up the progress of work. On the basis of the project list of about 100 billion yuan issued in advance last year, another batch of project lists will be issued in the near future to promote the formation of physical workload as soon as possible.

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This week, the pace of downstream resumption of work in most regions of China is still relatively slow, coupled with the unstable support of the cost side, the price of concrete has declined steadily. From February 17 to February 21, the national concrete price index closed at 100.27 points, down 1.76% annually and 19.23% year-on-year.