Local private investment to warm up manufacturing industry to restore gold attraction
發(fā)布時間:[2019-7-23 14:56:36] 瀏覽量:2009次
The local economy half-yearly report has revealed that the trend of the collective recovery of private investment in various places is very obvious. According to rough statistics from the Shanghai News, more than 10 provinces(districts and cities) have announced private investment data for the first half of the year. Most of them have maintained growth rates of more than 10 %, and Yunnan has grown by more than 30 %.
In terms of capital flow, private capital flows to manufacturing accelerated in the first half of the year, especially high-tech manufacturing and high-end equipment manufacturing.
Private investment in most provinces maintained double-digit growth
At present, more than 20 provinces(autonomous regions and municipalities) have published economic data for the first half of the year. Most provinces(autonomous regions and municipalities) have experienced a higher growth rate in fixed asset investment than the 5.8 % growth rate in the country.
While the overall investment has grown steadily, the growth rate of private investment in various regions has steadily recovered. Although only 15 provinces(autonomous regions and municipalities) disclose data on private investment, according to published data, the growth rate of private investment in the provinces(autonomous regions and municipalities) generally outstrips the overall growth rate of investment in the same period. And most provinces(districts, cities) have achieved double-digit growth in private investment.
In Yunnan, Hunan, Tianjin, Hubei, Guizhou, Anhui, Fujian, Shaanxi and other places, the growth rate of private investment in the first half of the year exceeded 10 %, of which Yunnan's growth rate reached 30.2 % and Hunan's reached 22 %.
In Henan, Inner Mongolia and other places, the performance of private investment data in the first half of the year was less than the national average growth rate, but there was a significant recovery in private investment in the two places. For example, private investment in the first half of Inner Mongolia was still negative, but the decline was 6.9 percentage points lower than in January and May, accounting for 50.5 % of total investment.
Analysts say this has been helped by a series of intensive national and local policies to encourage and promote private investment. Since the beginning of this year, various regions have further improved the business environment, implemented tax cuts and fees, and introduced many measures to reduce corporate costs.
Private investment increased by 10 % in the first half of the year, accounting for 64.4 % of total investment. Among them, investment in private projects, investment in high-tech industries, and investment in transportation increased by 16.7 %, 21.3 %, and 22.8 %, respectively.
In an analysis of the reasons, the leaders of the Zhejiang Provincial Development and Reform Commission said that this year, Zhejiang Province has focused on improving the business environment, focusing on the construction of major private capital projects, and increasing financing support for private enterprises, which has promoted the continued vitality of private investment in the province. It has become an important support force for "steady investment."
Accelerating private capital flows to manufacturing
Private investment is active. Where are the funds going? According to local disclosure data, manufacturing is still one of the areas favored by private capital.
According to statistics from Fujian Bureau of statistics, private investment in Fujian increased by 11.4 % in the first half of the year, contributing more than 90 % to total investment growth. Among them, private investment in manufacturing increased by 29.2 %, an increase of 0.9 percentage points from January to May.
This is more evident in Zhejiang. From January to May, private manufacturing investment grew by 16.4 %, nearly twice as fast as private investment in real estate development in the same period, according to the Zhejiang Statistics Bureau.
From the perspective of local policy orientation, local governments encourage private capital to invest in high-tech industries and high-end equipment manufacturing industries, and have issued a series of support policies.
According to the latest data, the policy effect has already been demonstrated. Investment in high-tech industries and high-tech manufacturing industries has generally grown faster than overall investment. In Guizhou, for example, investment in high-tech industries increased by 33.2 % in the first half of the year, 2.7 times the province's fixed-asset investment growth rate.
Liuxuezhi, a senior researcher at the Bank of China Financial Research Center, said in an interview with the Shanghai News Agency that "under the effect of reducing the manufacturing tax rate and increasing the proportion of R&D expenses plus deductions, the role of tax cuts and fees in the second half of the year will gradually be reflected and will promote manufacturing investment. Expected improvement. In addition, investment in high-tech manufacturing, high-end equipment manufacturing and new energy and new materials manufacturing will continue to grow rapidly with the support of policies to build strong manufacturing countries. "
To introduce a number of major projects to private capital
In order to further activate private investment, Sichuan, Beijing, Anhui, Guizhou and other places have recently introduced a number of major projects to private capital, involving investment of hundreds of billions of yuan.
On July 16, the private investment promotion conference was held in Wuhou District, Chengdu City, Sichuan Province. At the meeting, Wuhou District issued a list of 23 key area projects to private capital, with a total planned investment of 208.5 billion yuan.
In early July, the Beijing Municipal Development and Reform Commission publicly promoted 65 projects to private capital, with a total investment of 100.613 billion yuan. Among them, it is planned to introduce private investment of 50.391 billion yuan, accounting for more than half of the total investment. From the industry point of view, the investment of high-precision industry projects accounts for more than 30 %, which is the area with the most investment.
The Anhui Provincial Development and Reform Commission has focused on promoting the first batch of PPP projects in 2019 to private capital, with a project investment of 13.529 billion yuan, covering municipalities, environmental protection, transportation, and cultural tourism. Not long ago, the Guizhou Provincial Development and Reform Commission also issued the first batch of major private investment project packages in 2019, with a total investment of 15.524 billion yuan, and a proposed private capital of 124.584 billion yuan.
Analysts pointed out that private investment is still the main force for stable investment. In the second half of the year, a series of policies such as tax cuts and fees, reduced financing costs, and relaxed market access will be effectively promoted and continue to stimulate private investment.
