On September 19, the National Development and Reform Commission (NDRC) held a press conference in September. At the meeting, Jin Xiandong, director of the Policy Research Office of the NDRC and spokesman, briefed on the approval of investment projects and the policy documents recently issued.
Approval of investment projects.From January to August, the National Development and Reform Commission (NDRC) approved and ratified a total of 83 fixed-asset investment projects, with a total investment of 673.1 billion yuan, of which 53 were approved and 30 ratified, mainly in high-tech, energy, transportation and other industries.
Status of recently issued policy documents. The first is to report to the Party Central Committee and the State Council for the issuance and implementation of the Opinions on Accelerating Comprehensive Green Transformation of Economic and Social Development. The Opinions focus on five major areas, including spatial pattern, industrial structure, energy transformation, transportation, and urban and rural construction, and make deployments for accelerating the comprehensive green transformation of economic and social development in terms of three major aspects, such as comprehensive conservation, green consumption, and scientific and technological innovation. As a next step, the National Development and Reform Commission will strengthen coordination and systematic promotion, and will work with relevant parties to promote the implementation of various tasks.
Secondly, the National Development and Reform Commission has issued and implemented the Beijing-Tianjin-Hebei Three-Year Action Plan for the Construction of a First-Class Business Environment. The Action Plan is based on solving the problems of unbalanced industrial development and public service supply in the Beijing-Tianjin-Hebei region, and unbalanced cross-regional flow of factors of production, etc. It puts forward 19 policies and initiatives in 6 areas to promote the market-oriented, rule-of-law, internationalized first-class business environment to create a new advantage for regional synergistic development. As a next step, the National Development and Reform Commission will focus on key areas, links and regions to accelerate the creation of a first-class business environment in Beijing, Tianjin and Hebei.
Thirdly, the National Development and Reform Commission, in conjunction with relevant departments, issued and implemented the Circular on the Establishment of a Working Mechanism for Promoting Private Investment Funds and Factor Guarantees. The Circular makes it clear that it is necessary to establish a working mechanism for the promotion of private investment funds and factor security, which is based on key projects and supported by policies, and proposes policy initiatives such as the establishment of a mechanism for the regular promotion of projects in key areas, and the intensification of support for the financing and factors of private investment projects. As a next step, the National Development and Reform Commission, together with relevant parties, will continue to improve the policies on project investment, financing and factor support, and continuously enhance the effectiveness of the work of promoting private investment.
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