**Abstract**
More than half of this year's high-speed railway investment, which exceeds 800 billion yuan, still needs to be completed. July is a key period for investment recovery, and railway construction is expected to accelerate significantly this month. China Railway Corporation recently announced that it will launch projects with an investment scale exceeding 300 billion yuan.
However, the much-anticipated railway development fund remains uncertain, as sources familiar with the matter stated that its actual implementation is still unclear.
**300 Billion Projects Are Intensively Started**
After a series of declining investment figures, railway construction is expected to pick up in the third quarter. According to Xinhua News Agency, 14 new railway projects have recently been launched, covering a total of 3,712 kilometers and involving an investment of 327.3 billion yuan.
The First Financial Daily reported that among these 14 projects, more than half are located in central and western China, including the Ejina-Hami Railway, Huai Shaoheng Railway, Hangzhou-Huangshan Railway, Harbin-Jiamusi Railway, and the Shanghai Yangtze River Bridge. The first three of these projects officially began construction on Monday.
Wang Mengshu, an academician of the Chinese Academy of Engineering, told this reporter that the second half of the year is typically a peak season for railway investment. This year’s target is high, and the first half saw relatively low investment. To avoid a last-minute rush, the investment peak should be brought forward.
Another transportation official shared that the central government has continuously reinforced its signal for steady growth, and the State Council recently sent inspection teams to supervise policy implementation. This has greatly encouraged both departments and local governments to intensify their investments in infrastructure.
Notably, while many railways are being started at once, some localities have adjusted their investment plans. For example, Zhejiang Province had 16 railway projects launched between 2014 and 2017. It is estimated that by 2020, the total railway mileage in Zhejiang will double to 4,000 kilometers.
These 16 projects span approximately 1,500 kilometers, including the renovation of 144 kilometers of existing lines. The focus is on improving the weak links in the current network. Annual investment is estimated at around 20 billion yuan.
The total investment for these 16 projects is about 135 billion yuan, with Zhejiang responsible for approximately 45 billion yuan. The remaining funds will be raised through various financing channels.
In Guizhou, the province has set a goal of completing 33 billion yuan in railway investment this year, an increase of 2 billion yuan from the initial target.
**Still No Major Breakthrough in Financing**
Despite repeated efforts by the State Council to promote railway investment and financing reforms, sources indicate that there has been little progress at the top level. In an attempt to quickly secure funding, railway authorities have explored various methods, including revitalizing land assets.
From a local perspective, land development, attracting external capital, and issuing bonds remain the main financing channels. The reporter found that the total investment opened to private capital across provinces has exceeded 1.5 trillion yuan.
On June 27, Chongqing's state-owned enterprises launched 110 joint projects worth 265 billion yuan for non-public capital. On June 26, Guangdong invited private investment in 97 major projects totaling 121 billion yuan. On June 25, Gansu launched 100 projects to encourage social capital investment in infrastructure. And on June 23, Jiangxi opened 300 demonstration projects for non-state-owned capital, aiming to attract 270.1 billion yuan in private funding.
According to Wang Mengshu, the current stage of railway investment and financing reform is characterized by "railway for all." He emphasized that many provinces already have sufficient highways, and it's time to stop repairing them. The cost of highway maintenance should be shifted to railways to save resources. He believes that the country must invest in this area, especially supporting western provinces, where building a railway costs dozens of billions, and large-scale projects can reach over 100 billion yuan.
Digital Controller, a general-purpose, intelligent control instrument, which is widely used in pharmaceutical, chemical, nuclear, oil field, electricity, environmental protection, food, paper and other important industrial areas. As the simple in structure, easy to operate, stable performance and high precision, the controller is especially popular in the lines which is need accurate measurement, quantitative dosing, with continuous or intermittent conveyance of highly corrosive liquid medium of the process.
Digital Controller,Temperature Controller,Cold Storage Controller,Automatic Controller
Zhejiang Ailipu Technology Co., Ltd. , https://www.alipu.com