中文
Reporters from China Construction Machinery Business Network learned that since the end of February, the speed of approval for major domestic construction projects has been significantly accelerated. Some highway network, airport and rail transit projects have been approved centrally, and a number of key regional and key industry projects are being gradually launched.
In the second half of 2011, 80% of the 25 lines that were shut down have been restored, of which 9 have been restored, with an investment of 675.4 billion yuan, and 9 have been restored, with an investment of 386.4 billion yuan. In addition, since the second quarter, commercial banks have begun to extend loans to railway construction projects, which will ease the pressure on railway investment funds before; with the gradual arrival of funds, railway investment will gradually recover.
Infrastructure, represented by railway construction, is supported by both policies and funds.
Premier Wen Jiabao pointed out at the Hanover Industrial Expo that if we want to overcome the international financial crisis, we must vigorously develop the real economy, pointing out the direction for the continued development of the real economy. The executive meeting of the State Council held at the end of March demanded that the construction of transportation infrastructure should be promoted around the tasks and objectives set in the 12th Five-Year Plan. A number of major railway projects have been completed and a number of urgently needed projects have been started in time; national highway network planning projects and rural highway construction have been promoted, and the transformation of national and provincial trunk lines has been intensified; a number of waterways and land-island transportation projects have been implemented to improve the navigation conditions of the Yangtze River trunk line; and a number of airports and urban rail transit projects have been started and continued.
Banking industry has also increased investment in infrastructure construction, and loans for infrastructure construction have been relatively relaxed. Railway expert Wang Mengshu said that 500 billion yuan of funds will be in place this year, which will support railway construction. Not only have banks increased their support for central investment, such as railway construction, but people close to regulators say that loans from local financing platforms are also showing signs of easing.
Various signs show that investment in infrastructure is increasing, and the demand for construction machinery brought about by infrastructure will be obvious. According to the analysis data of China Construction Machinery Business and Trade Network, the year-on-year growth rate of construction machinery sales will gradually rebound from the beginning of April, and the construction machinery industry is ushering in good development opportunities.