China's railway investment is added to the 800 billion abrasives industry to meet the opportunity

The reporter learned from the sources that the China Railway Corporation held a video conference on April 30 to implement the relevant decisions of the State Council. First, the total investment amounted to 700 billion yuan on the basis of the annual investment, and the second was the start of the project. 44 items increased to 48 items...
The reporter learned from the sources that the China Railway Corporation held a video conference on April 30 to implement the relevant decisions of the State Council. First, the total investment amounted to 700 billion yuan on the basis of the total investment of the year, and the second was the start of the project. On the basis of 44 items increased to 48 items, this time increased to 64 items; the third is that the new demonstration project can be started within the year when the conditions are ripe; the fourth is that the newly-operated lines must be more than 7,000 kilometers this year; The investment amount has increased from 120 billion to more than 143 billion.

From April 28 to 29, Vice Premier Ma Kai of the State Council went to Shanxi, Shaanxi and other places to conduct on-the-spot investigations on railway construction and construction, and hosted a regional railway construction work conference in Xi'an. He fully affirmed that the railway construction has made remarkable achievements, pointing out that the railway is still the weak link of the comprehensive transportation system, and accelerating the development of the railway construction is a major event that benefits both the current and the long-term, and not only promotes economic development but also benefits the people's livelihood. The State Council decided to further increase railway construction, continue to promote the reform of railway investment and financing system, absorb social investment from multiple sources, moderately expand the scale of railway fixed assets investment, increase the mileage of new line production, and increase new construction projects.

Since the beginning of this year, the railway investment plan has been continuously raised, which is the third adjustment. This is the railway's return to 800 billion yuan after the three consecutive years of investment slowdown in 2011, 2012 and 2013, which is the second highest point of history after 842.652 billion yuan in 2010. According to the arrangement of the State Council, the National Development and Reform Commission is responsible for coordinating the implementation of funding issues by various ministries and commissions. The iron is responsible for coordinating the implementation of local government funds.

New construction projects will be concentrated in the central and western regions. Sheng Guangzu, general manager of China Railway Corporation, said that 78% of railway construction investment this year will be placed in the central and western regions. According to industry insiders, it is expected to include the Sichuan-Tibet Railway, the Korla-Germu Railway, which has an important strategic position. In addition, like the Jiqing Railway, although it was not included in the plan of the Eastern Region of the China Railway Corporation at the beginning of the year, after this additional investment. It is also expected to start construction during the year.

Analysts said that this year, the benefits of the railway infrastructure sector have been frequent. On April 2, Premier Li Keqiang pointed out at the State Council executive meeting that he decided to deepen the reform of the railway investment and financing system and speed up the railway construction policy measures. The meeting pointed out that this year the national railway is expected to put into operation more than 6,600 kilometers of new lines, an increase of more than 1,000 kilometers over last year, of which nearly 80% of state investment will be invested in the central and western regions.

In addition, in recent years, China's high-speed rail exports have shown rapid growth. It is understood that in terms of high-speed rail construction, China has signed cooperation intentions with the United States, Brazil, Russia, Belarus, United Arab Emirates, Thailand, Cambodia and other countries. Under the state's key support for the railway infrastructure sector, the three segments of the railway and high-speed rail contractor sector, the cement sector, the railway and the high-speed rail equipment business sector will usher in new investment opportunities in 2014, the development of the abrasives industry. It is bound to be driven by this.

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