The hottest railway investment will rush to 700bil

2022-10-24
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Railway investment will rush to 700billion debt next year or be paid by the government

the annual national railway work conference will be held, and the railway investment for the new year will be announced at the conference. A few days ago, Minister of Railways shengguangzu said that "we should achieve the goals of the 12th Five Year Plan for railway development on schedule." Industry experts generally believe that railway investment will continue to grow in 2013, and the amount of investment will not be lower than this year

infrastructure investment is expected to exceed 500billion

recently, it was reported that the scale of railway planned fixed asset investment next year will not be lower than this year, or increase slightly, but will not exceed 700billion yuan. Wang, an academician of the Chinese Academy of engineering, also used a single-chip microcomputer to realize speed closed-loop control. Mengshu previously revealed to the daily economy that the fixed asset investment in railway construction next year will remain at 630billion yuan, basically the same as the adjusted amount this year

this year, the Ministry of Railways has increased fixed asset investment four times in a row, increasing the railway fixed asset investment plan to 630billion yuan. After three increases, infrastructure investment has also increased from 406billion yuan set at the beginning of this year to 516billion yuan. However, it is unknown whether this task can be completed in the last month

previously, the market expected that the railway investment scale would be about 630 billion to 670 billion yuan next year. Since the railway production mileage initially arranged next year may exceed this year, the railway infrastructure investment is expected to exceed 500 billion yuan

according to the plan, China has arranged a total investment of 2.3 trillion yuan in railway infrastructure during the 12th Five Year Plan period. By 2015, the national railway operating mileage will reach about 120000 kilometers, the mileage of fast rail will be more than 40000 kilometers, and the railway in the western region will be 48000 kilometers. In 2011, the national railway completed a total investment of 461billion yuan, and the infrastructure investment completed in the first November of 2012 was 431.9 billion yuan, that is, about 1.45 trillion yuan of construction investment will be completed in the last three years of the 12th Five Year Plan period, and the scale of railway investment will remain close to 500billion yuan per year

after more than half a year of downturn, since the fourth quarter of this year, railway construction has made great efforts, and the investment amount has increased rapidly. The total investment amount in the three months from September to November is close to the cumulative investment amount from January to August, the former is 204.1 billion yuan, and the latter is 227.8 billion yuan. By the end of the year, all railway construction sites are not poor, and the construction sites have not been shut down due to the cold weather. Industry experts generally said that the peak of railway infrastructure investment next year is expected to maintain the current situation

At present, railway construction funds mainly come from several sources: direct investment of central government funds, railway self owned funds, investment of local governments through provincial and ministerial cooperation, railway bonds, private capital investment and railway loans

this year, all departments were particularly "kind" to the Ministry of railways. The central bank clearly proposed to support the continued construction projects of railway and other infrastructure construction in its monetary policy report in September, and then major banks increased their lending to railway projects. CDB alone, the actual loan impact test for railway construction this year is similar to the cupping test, which is an important step to detect the impact toughness of stainless steel metal materials, with more than 100billion yuan

in terms of bond issuance, the national development and Reform Commission gave the green light to the Ministry of railways. The amount of bonds issued by the Ministry of Railways this year has already exceeded the red line that the amount of corporate bonds issued by the securities law must be controlled at 40% of net assets. However, a paper of approval from the national development and Reform Commission gave the green light to the Ministry of railways, so that it can continue to issue bonds in large amounts without being limited by this law. This year, the Ministry of Railways issued a total of 200billion yuan of railway bonds, These include 150billion yuan of railway construction bonds, and 50billion yuan of medium and short-term securities lending

on the other hand, the Ministry of finance has given great support to the Ministry of railways. A person from the railway system said: "this year, the central budget has increased the railway construction in the form of real money and silver. From more than 2 billion at the beginning of the year, an additional 60billion yuan has been added three times, each time an additional 20billion yuan, which is unprecedented in history."

judging from the funds raised by the Ministry of Railways in previous bond issues, a considerable part of the funds are used for the construction of high-speed rail. With the opening of Beijing Guangzhou high-speed railway, China's high-speed railway has basically taken shape. According to the report on investment analysis and prospect prediction of China's railway transportation industry from 2012 to 2016 released by CIC consultants, in the future, with the gradual improvement of China's high-speed railway construction, the four horizontal and four vertical high-speed railways will be fully realized, and a new pattern will appear in China's transportation system

7. With the effect of the opening of Beijing Guangzhou high-speed railway, the high-speed railway construction in all provinces has also been launched or accelerated. According to the previous preliminary plan of the Ministry of railways, a number of important railway lines will be put into operation in 2013, including Tianjin Qinhuangdao passenger dedicated line, Nanjing Hangzhou passenger dedicated line, Hangzhou Ningbo passenger dedicated line, Xiamen Shenzhen railway, Wuhan Huanggang intercity, Wuhan Xianyang intercity, etc., most of which are intercity lines of 200 kilometers per hour

in an interview with the daily economy, Zhao Jian of the school of economics and management of Beijing Jiaotong University said that at present, the country mainly uses railways to drive economic growth, and the rapid development of Railways has made a very important contribution to economic "growth"

however, at present, the debt ratio of the Ministry of Railways is too high. The financial report released by the Ministry of Railways shows that as of the third quarter of 2012, the assets of the Ministry of railways were 4.3 trillion yuan, the liabilities were 2.66 trillion yuan, the asset liability ratio was 61.81%, and the after tax profit was -8.541 billion yuan, which also makes the market worry about whether the railway investment can be completed on schedule next year

Hu Siji, a professor at the school of transportation of Beijing Jiaotong University, believes that the government should pay for the debt problem. The railway is unable to repay so much debt. Although the railway is a business project, the public welfare also accounts for a large proportion. When private capital cannot be introduced, it can only be solved by the government in the end

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