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Focus on the two sessions | Railway and highway water transport plans to invest 2.6 trillion yuan this year

Updated:2019-03-25 10:14:03

    This year's economic and social development has heavy tasks, many challenges, and high demands. On March 5, Premier Li Keqiang pointed out that it is necessary to highlight key points and grasp the key points. Reduce the current 10% tax rate of the transportation industry to 9%, and reduce taxes and fees to hit the current market.

    

    The pain points and difficulties of the main body; within two years, the national highway toll gates were basically cancelled, and the reforms were promoted to reduce the fees charged by enterprises; the national development strategy was closely followed, and a number of key projects were accelerated. This year, 800 billion yuan of railway investment and road water transportation investment were completed. 1.8


    One trillion yuan... In the government work report, many tasks require the transportation industry to “combine with practical creativity”.


    Transportation tax rate dropped to 9%


    2.15 trillion yuan of local government special debt support key projects


    Tax reduction and fee reduction are fair and efficient policies. The government work report proposes to implement a larger tax cut. Deepen the VAT reform, reduce the current 16% tax rate in industries such as manufacturing to 13%, and the current 10% tax in the transportation, construction and other industries.


    The rate dropped to 9%, ensuring a significant reduction in tax burdens in major industries.


    In terms of effectively exerting the role of local government bonds, this year we plan to arrange local government special bonds of 2.15 trillion yuan, an increase of 800 billion yuan over last year, to provide financial support for key project construction, and to create conditions for better prevention and resolution of local government debt risks.


    . Reasonably expand the scope of use of special bonds. Continue to issue a certain number of local government replacement bonds to reduce the local interest burden. Encourage the adoption of a market-based approach to properly solve the problem of debts due on financing platforms, and not engage in “half-pull” projects.


    Deepening the reform of toll road system


    Shorten the approval process time of the whole process of construction

    China has hundreds of millions of market entities, and keeping the activity of market entities active and up is the key to promoting stable economic growth. The government work report proposes a package of measures to stimulate the vitality of market players and focus on optimizing the business environment, including


    Reduce the fees charged by enterprises.


    This year, we will deepen the reform of the toll road system, promote the reduction of the cost of crossing the bridge, and control the unreasonable approval and arbitrary charges and fines for passenger and freight vehicles. In the past two years, the national highway toll gates will be cancelled altogether, and the non-stop express charges will be reduced.


    Congestion and convenience for the masses. Cancel or reduce a number of railway and port charges.


    In terms of optimizing the business environment, the government work report also proposed to push forward the reform of the approval system for engineering construction projects across the country, so that the approval time for the whole process was greatly shortened. In deepening the reform of key areas, deepening reforms in the fields of electricity, oil and gas, and railways,


    Natural monopoly industries should be separated from each other according to the characteristics of different industries, and the competitive business will be fully introduced to the market.


    Reasonably expand effective investment


    Properly reduce the capital ratio of projects such as infrastructure


    Investment will continue to play a key role in providing a stable support for the smooth operation of the economy. The government work report pointed out that this year will reasonably expand effective investment, closely follow the national development strategy, and accelerate the implementation of a number of key projects. Complete railway investment of 800 billion yuan, public


    Road water transport investment of 1.8 trillion yuan, and then start a number of major water conservancy projects, accelerate the planning and construction of Sichuan-Tibet Railway, increase investment in infrastructure such as inter-city transportation, logistics, municipal, disaster prevention, civil and general aviation, and strengthen next-generation information infrastructure


    Construction. This year's central budget investment arrangement was 577.6 billion yuan, an increase of 40 billion yuan over last year.


    At the same time, it will also innovate project financing methods, appropriately reduce the proportion of capital for projects such as infrastructure, and use development financial tools to attract more private capital to participate in project construction in key areas. Implement private investment support policies and promote government and society in an orderly manner


    Will capital cooperation.


    In promoting the steady growth of consumption, the rural circulation network will be improved to support the development of e-commerce and express delivery. Stabilize automobile consumption and continue to implement preferential policies for new energy vehicle purchases.


    In 2018, China's new high-speed railway operating mileage of 4,100 kilometers, newly built more than 6,000 kilometers of highways, more than 300,000 kilometers of rural roads, played an important role in the coordinated development of urban and rural areas. In 2019, transportation development will continue to promote the region

    Coordinate development and improve the quality of new urbanization. The government work report proposes to implement the construction plan of the Guangdong, Hong Kong and Macau Bay Area, promote the convergence of rules, and promote the flow of production factors and the facilitation of personnel exchanges. The development of the Yangtze River Economic Belt must adhere to the coordination of the upper, middle and lower reaches, plus


    Strong ecological protection and comprehensive transportation system construction, to create a high-quality development economic belt. Accelerate the development of short-boards in the revolutionary old areas, ethnic areas, border areas, and poverty-stricken areas.


    In addition, the government work report also deployed on the sound parking lot of old and old towns, promoting the development of new energy automobile industry, exploring the construction of free trade ports with Chinese characteristics, promoting the interconnection of “One Belt and One Road” infrastructure, and sharing economic development.