Boosting the economy still requires investment in railway infrastructure to reach a new high within the year
Author：管理员 Dtime：2018-03-16 16:50:27 Browse (53)
Memo：The investment in railway infrastructure has quietly rebounded. According to the data released by the Ministry of Railways yesterday, the fixed assets investment and infrastructure investment of the Ministry of Railways
The investment in railway infrastructure has quietly rebounded. According to the data released by the Ministry of Railways yesterday, the fixed assets investment and infrastructure investment of the Ministry of Railways increased 71.93% and 122.96% month on month respectively in April, both hitting new highs in the year. Moreover, according to a set of bidding announcements for passenger cars released by Haoxin, the number of passenger car purchases by the Ministry of Railways this year has slightly increased compared to last year.
Behind the recovery of railway investment is the hidden worry of China's economic growth slowdown. The data released by Haoxin shows that the profits of manufacturing enterprises declined in the first four months, and the burden of boosting the economy may fall back on the government led fixed assets investment. "The signs of a gradually relaxed economic environment are now very clear, and relevant stimulus policies are about to emerge. If the domestic and international economic situation continues to deteriorate, it is not even ruled out that another 4 trillion yuan stimulus policy will be introduced," an economist told reporters yesterday.
Railway investment data set a new high for both parties this year
The reporter of Nanfang Daily learned from China Railway Construction Investment Corporation about the completion of major railway indicators in China from January to April 2012, among which, fixed assets investment was 89.597 billion yuan, a year-on-year decrease of 83.675 billion yuan, still showing a 48.3% year-on-year slump, while the capital construction investment reached 71.709 billion yuan, a year-on-year decrease of 84.514 billion yuan, 54.1%.
However, when calculating the month on month data, the reporter found that the above data significantly narrowed compared with the "fixed assets investment and capital construction investment of the Ministry of Railways from January to March".
Through calculation, the reporter found that fixed assets investment and capital construction investment in April had reached 29.959 billion yuan and 29.120 billion yuan respectively, both of which hit new highs in the year, and even increased 71.93% and 122.96% month on month compared with March. Various signs indicate that railway investment is gradually showing a trend of recovery.
Behind the recovery of railway investment is the hidden worry of China's economic growth slowdown. The data released by Haoxin shows that the profits of manufacturing enterprises declined in the first four months, and the burden of boosting the economy may fall back on the government led fixed assets investment. "The signs of a gradually relaxed economic environment are now very clear, and relevant stimulus policies are about to emerge. If the domestic and international economic situation continues to deteriorate, it is not even ruled out that another 4 trillion yuan stimulus policy will be introduced," an economist told reporters yesterday.
Railway investment data set a new high for both parties this year
The reporter of Nanfang Daily learned from China Railway Construction Investment Corporation about the completion of major railway indicators in China from January to April 2012, among which, fixed assets investment was 89.597 billion yuan, a year-on-year decrease of 83.675 billion yuan, still showing a 48.3% year-on-year slump, while the capital construction investment reached 71.709 billion yuan, a year-on-year decrease of 84.514 billion yuan, 54.1%.
However, when calculating the month on month data, the reporter found that the above data significantly narrowed compared with the "fixed assets investment and capital construction investment of the Ministry of Railways from January to March".
Through calculation, the reporter found that fixed assets investment and capital construction investment in April had reached 29.959 billion yuan and 29.120 billion yuan respectively, both of which hit new highs in the year, and even increased 71.93% and 122.96% month on month compared with March. Various signs indicate that railway investment is gradually showing a trend of recovery.
