Large-scale investment in the traditional industries of the central and western regions to undertake coastal transformation and upgrading

Hundreds of industrial parks in Guizhou are currently implementing investment promotion plans intensively, but there are great difficulties for the time being. This has even put pressure on industrial park investors. The reason is that many parks are built for private enterprises.

“There is too much overcapacity in the industrial sector in Guizhou. Last year, the coal situation was not very good, and it was difficult to introduce investment from similar industries.” On May 8, a local person told this reporter.

According to the statistics of the Bureau of Statistics, the growth rate of fixed assets investment in Guizhou in the first quarter was 34.2%, and the growth rate was the first in the country. The growth rate has dropped from 38.8% last year (the second in the country). However, the province's investment is leading the country, mainly due to the acceleration of investment in railways and real estate. The actual industrial investment including industrial park infrastructure has only increased by 4.1% in the first quarter of this year.

A similar situation exists in most provinces and cities in the Midwest. For example, in the first quarter of this year, Hubei, Hunan, Yunnan, Shaanxi, Sichuan and other economic work conferences put forward investment in industrial projects, especially related to the slowdown of investment in large projects.

Gong Yiming, director of the Economic Research Institute of the Hubei Provincial Academy of Social Sciences, pointed out that the central and western provinces need to change their development methods, and the current dependence on infrastructure investment is unsustainable.

Industrial benefits generally fell

Our reporter was informed that a big difference between the first quarter of this year and the past is that the investment in the central and western regions has slowed significantly, while the east is accelerating. In the first quarter, the growth rate of eastern investment was 19.4%, which was faster than 18.9% in the same period of last year. The growth rate of investment in the central and western regions was 24.1% and 24.2%, respectively, which was lower than the growth rate of 27.1% and 26.9% in the same period of last year.

Specifically, in addition to Shanxi in the central region and investment in Inner Mongolia and Yunnan in the west, investment in the other central and western provinces and cities has slowed down. The reason for this is that investment in industrial projects in the central and western provinces, especially in large projects, has slowed down.

Taking Hunan as an example, in the first quarter, the number of projects under construction in the province was 1,023, an increase of 22.1% year-on-year; the total planned investment for projects under construction was 2,590.806 billion yuan, a year-on-year increase of 13.8%. Among them, the total investment of major projects of 100 million yuan and above is 1,01,407 million yuan, accounting for 39.2% of the province's investment scale.

Xu Wei, the investment department of the Hunan Statistics Bureau, pointed out that the growth rate of major investment projects listed by the Hunan Development and Reform Commission is very slow. That is to say, although the project investment is very fast in Hunan, “there are usually many small projects, and there are not many large projects. In particular, there are not many important investment projects."

On April 17th, at the enlarged meeting of the Hunan Provincial Party Committee Standing Committee, Du Jiamu, the acting governor of Hunan Province, pointed out that in the first quarter of this year, there were problems in the province, such as the lack of new construction of major industrial projects and the poor development environment.

Similar problems exist in Hubei, Henan, Guizhou and so on.

On April 26th, Hubei Province’s first quarter economic operation video conference pointed out that in the first quarter of this year, the province’s economy had two “slows” such as industrial growth rate and consumption growth, and the difficulty of investment growth and the difficulty of sustained financial growth. "The problem.

In the first quarter of Henan Province, the total investment in the newly started projects in the province also fell by 3.4% year-on-year, and the investment in newly started projects fell by 11.1%. Although the total investment planned for the project under construction increased by 31.7%, the growth rate dropped by 10.4 percentage points year-on-year.

As of the end of March, there were 2,559 construction projects in Guizhou Province, an increase of 318 over the same period of the previous year. Among them, 1,397 new projects were started this year, an increase of 225. However, in the first quarter, the province's fixed asset investment was 97.890 billion yuan, and industrial investment (including industrial park infrastructure) was 23.008 billion yuan, an increase of only 4.1%.