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Railway investment increased to eight Thousands of billion

2014-05-27 16:34:43   comment:0 hits:
This year the railway investment a good start: the National Bureau of statistics data show, 2014 1-3 months, the national railway transport industry completed investment in fixed assets 65000000000 yuan, grow 15.9% compared to the same period. According to the State Council executive meeting of the decision to deploy, China railway company in April has increased the construction of railway goal for this year: the national fixed asset investment by 700000000000 yuan to 720000000000 yuan.
China railway company in April 30th held a conference call, re adjustment of railway fixed assets investment plan this year, after adjustment for railway investment this year will reach more than 800000000000 yuan, this year has been to less than 4 months time, third upward adjustment of railway investment planning.
A press release Chinese railway company website showed in April 30th, the State Council decided to further increase the railway construction, continue to promote the reform of the railway investment and financing system, multi absorption of social investment, expand the scale of investment in fixed assets of railway, the new line production, increase mileage increase of new projects.
"Steady growth" is still the industry an important driving factor: history, railway as the basic requirements, the investment good government led obvious areas, the landing impact of the economic environment is great, especially with the changes in the real estate cycle contrast. 2008-2013 years, the government almost every year emphasize steady growth, but the direction is different, the railway is not the same as the support strength. In real estate sales and investment dropped significantly in 2008 and 2012, the railway construction will rise to a higher level; while in real estate sales remained stable in 2009, 2010, 2013, policy of railway by the stimulus is smaller. The 1 quarter of 2014, China's commercial housing new construction area growth year-on-year decrease of 25.2%, real estate development investment fell to 16.8%, compared with 2012 levels throughout the year 3 percentage points lower, indicating that the real estate sales weakness has begun to affect the new construction and development investment.
The new investment is expected in the vehicle purchase and implement: according to the China railway company plans at the beginning of 2014, the railway locomotive vehicle purchase amount is about 120000000000 Yuan, a year-on-year increase of 15%, of which, increment is mainly EMU products. 1998-2013 years, the locomotive vehicle purchase amount accounted for an average of railway fixed assets investment of around 16.4%, when the line construction in high volatility, the proportion can reach 18~20%. Considering the annual 2012-2015 for the new railway line put into operation the peak this year, vehicle purchase amount still have to adjust the space. From the specific products, the second half of 2013 two times EMU bidding will be in accordance with the contract in 2014 9 before the end of this year completed, if the vehicle purchase amount, then the EMU is most likely to increase the purchase of products.

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