Chongqing supporting funds where

Source: Internet
Author: User
Keywords NDRC central investment
Chongqing is carrying out the largest area of the city's history of dangerous Old house demolition: from 2008 to 2010, the whole town to complete 12 million square meters of old housing demolition crisis, relocation 460,000 people. The demolition of old houses is only the epitome of Chongqing's blowout investment this year. Chongqing Development and Reform Commission statistics, the city under construction projects total investment of 1.58 trillion, the number of construction projects up to 10,457, which has central investment, there are local investment.  These investments made an important contribution to the GDP growth of Chongqing in the first half of the year to 12.6%.  However, as a western city, this large-scale investment with finance as the mainstay, facing the pressure of supporting funds, and how to promote private investment follow-up. Investment drive July 16, Chongqing held the city Economic Work Conference.  The meeting revealed that 1 to June, Chongqing's GDP growth rate reached 12.6%, higher than the national average. "Over the past six months, investment in the purpose of expanding domestic demand has had a very obvious effect."  "He, director of the Financial and Financial Institute of the Chongqing Academy of Social Sciences. According to the data provided by the Zhongqing NDRC, from 1 to June, the total investment of fixed assets in the whole society was 194.86 billion yuan, an increase of 35.2%.  At present, the total investment project in the city is 1.58 trillion, the number of construction projects reached 10,457, the year-on-year growth of 29.3% and 36.6%. In the area of central investment, Chongqing has made a total of $300 billion in the central budget for the three approved projects, totalling 10.5 billion yuan, 4.281 billion yuan, 4.49 billion and 1.47 billion yuan respectively.  These central investment projects mainly focus on the construction of affordable housing, rural livelihood projects and rural infrastructure, railway airports and other major infrastructure, social undertakings, ecological environmental protection and energy conservation and emission reduction in six major areas. "The project is working better. "said Deming. According to the information of the Municipal Development and Reform Commission, the first group of central investment projects, a total of 32 special, 3,956 subkeys, all children in the May 20 before the commencement of 100%, completion rate of 86%. The second instalment has 14 special projects, 1205 items, as of June, has started 953, the operating rate of 79%.  The third batch has 18 special, 657 children, the starting rate of 19%. The total investment of the three central investment projects was about 80 billion, and the investment was 7.2 billion yuan before the plan was released, and by the end of June, the new investment was 11.4 billion yuan, which is expected to be completed by the end of 29 billion.  According to the Municipal Development and Reform Commission estimates, the three-group expansion of domestic demand for the central investment plan can pull Chongqing GDP growth of about 3%, directly new jobs nearly 60,000.  In addition to the central investment, Chongqing has also launched a series of local investment, mainly covering three major areas, infrastructure, industrial investment and real estate, including the tertiary industry.  Chongqing Municipal Development and Reform Commission statistics, including central investment, the total investment will reach 520 billion yuan in the whole year.  Supporting funds under pressure in the huge amount of investment behind, Chongqing is facing the pressure of supporting funds. If the first group of central investment 4.281 billion yuan, the state issued a matching fund plan for 6.132 billion yuan. ChongqingThe decomposition of this is, municipal finance investment 769 million yuan, county and county investment 1.324 billion yuan, the owner invests 387 million yuan, the bank loan 2.035 billion yuan, other capital 502 million yuan. The township stateowned under construction in Qianjiang District is a central investment project with a total vote of 480,000. "Central investment 180,000, city, district two financial supporting 180,000." Wang Taizhang, deputy chairman of the Township People's Congress, said that the township finances could not afford the money.  And for Chongqing, some of the more difficult financial district, also have the same difficulties. In order to solve this problem, Chongqing on the one hand, the county to the level of budget and municipal financial transfer payment of the various special funds to prioritize new central investment projects needed to support.  In addition, in the application of the 5.8 billion local government debt, the 800 million yuan to the counties as a central investment project supporting. According to the data provided by the Zhongqing Development and Reform Commission, the second batch of central investment requires supporting funds plan 9.6 billion, the situation is now in place is the city's financial contribution 1.46 billion, county 1.79 billion, owner investment 3.93 billion, bank loans 130 million, other 140 million.  The third group of central Investment, the supporting funds plan for 3.13 billion yuan, now in place 770 million yuan.  The entry of bank funds, so that Chongqing pressure times.  Chongqing Comprehensive Economic Research institute Dean Yixiao thinks, the Central investment Project, is the government project, is guaranteed by the financial revenue anticipation, therefore many banks are willing to lend, this is also the supporting fund follow-up better reason. Chongqing is also considering how to guide Social Fund follow-up.  Yixiao that the current investment, too many basic projects, no social supporting funds to follow up, relying solely on financial investment, long time is unsustainable. "The private capital's driving force is not enough, mainly manifests in the real estate industry investment insufficiency." "The Chongqing Development and Reform Commission fixed Assets Investment Office deputy director Deming said.
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