China Securities Journal: Clear focus on policy measures, promoting effective investment will play a combination of punches.

The State Council executive meeting recently held to discuss policies and measures to promote effective investment, including using funds from the central budget, ultra-long-term special national bonds, local government special bonds, and new types of policy-oriented financial instruments; intensively planning and promoting a number of major projects and major engineering projects; increasing support for private investment development. Experts believe that the meeting's deployment has pointed out the direction and focus for expanding effective investment. With the coordinated efforts of policies, the growth rate of fixed asset investment is expected to rebound in the future; as the pace of fund allocation and utilization accelerates, the physical work volume of projects will speed up. Based on the recent local people's congress meetings, Zhao Gege, Chief Macro Analyst at GF Securities, said that various regions have actively responded to the requirement of "promoting investment stabilization" and proposed specific measures including strengthening industrial investment and public welfare investment, and enhancing the construction of new infrastructure. In addition, to increase support for private investment, many regions have put forward substantial initiatives in market access, financial support, and factor security.