China's current investment growth is generally stable

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      Mao Shengyong, a spokesman for China's National Bureau of statistics, said on Friday that the current investment growth rate is generally stable, and the potential and space for China's investment are still huge from both the demand side and the supply side.
He also said at the press conference of the State Council's new office that local special debts have been allocated ahead of schedule while increasing their scale this year. Now, he is speeding up to move forward some plans for next year, so that in this year's plan, preparations are under way, and social capital investment is also to be prized. Therefore, in general, infrastructure investment has a relatively good recovery momentum.
"In the next step, the special debt should gradually form a practical workload, and gradually put these projects in place... In the next step, through the issuance of special debt, we hope to better mobilize private capital to do a good job in infrastructure." Mao Shengyong said.
He said that in the process of issuing local special bonds, the central government or relevant departments have taken into account the local debt tolerance, the local government debt has classified management, where the debt level is higher, the amount may be smaller; where the solvency is better, the economic development potential is greater, the development level is better, and the project profit prospects are better, the amount of special bonds may be higher Some.
As for the recent slowdown in the growth rate of manufacturing investment, including private investment, it also shows that the real economy is still facing many difficulties, so we need to further strengthen efforts to implement the policies issued by the central government.


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