[Infrastructure investment accelerated in many places]Infrastructure investment has picked up sharply recently, as evidenced by data released from a number of places. On the basis of major projects started in earnest in the first four months, new projects are being laid out in some localities. In addition, the large-scale construction of new infrastructure in 2023 will help accelerate the release of digital dividends. According to experts, there are many reasons for the acceleration of infrastructure investment, including sufficient project reserves, strong policy support such as land use, and a wide range of funding channels. In 2023, the central government will invest 640 billion yuan, an increase of 30 billion yuan over 2022. At the same time, 3.65 trillion yuan of local government special bonds will be allocated in 2023, much of which will be used for infrastructure investment. National Development and Reform Commission spokesperson Meng Wei said recently that the quota of special bonds for local governments to be used for construction projects in 2022 has been fully allocated. By the end of April, about 1.4 trillion yuan of special bonds had been issued in 2023. Editor/Xu Shengpeng
Recently, Zhang Yang, a member of the CCSIC Party Committee and Vice President, visited Chongqing Construction Engineering Group for a discussion. The two sides discussed deepening cooperation in areas such as urban renewal, overseas business, and Hami aid construction. Zhang Yang and his delegation also conducted grassroots research, safety inspections, and summer cooling and consolation activities. Editor/Min Jing
The high-level conference on the Trans Caspian International Transport Corridor, hosted by the Ministry of Transport, was held in Beijing. Representatives from multiple countries along the route attended and jointly released initiatives to expand capacity and increase efficiency. Two supporting guidelines were simultaneously launched, and all parties will work together to improve the channel facilities and create a benchmark channel for Asia Europe connectivity. Editor/Min Jing