The latest heavy news from the two sessions: the central budget of 610 billion yuan! In 2021, the sand and gravel industry will start the Golden Era!

2021-03-08 read:240

At 9 a.m. on March 5, 2021, the Fourth Session of the 13th National People's Congress opened in the Great Hall of the People. The meeting heard a report by Premier Li Keqiang of the State Council on the work of the government. The Prime Minister pointed out that this year it is planned to arrange special bonds of 3.65 trillion yuan for local governments to give priority to supporting projects under construction and rationally expand the scope of use. 610 billion yuan is allocated for investment in the central budget.

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What has attracted the attention of the sand and gravel industry is that due to the inflow of local government special bonds into the infrastructure field, coupled with the leveraging of infrastructure investment, this means that the amount of investment in infrastructure construction in my country will increase significantly. The total scale will reach the level of 10 trillion.

Continue to support major projects that promote coordinated regional development, promote the construction of "two new and one heavy", implement a number of major projects in transportation, energy, water conservancy, and build new infrastructure such as information networks, and develop a modern logistics system. Government investment is more inclined to projects that benefit a wide range of people's livelihoods, and new construction has been started to renovate 53,000 old communities in cities and towns to improve the level of public services in the county.

The government work report sets the tone for my country's infrastructure construction investment in 2021, and also sets the tone for China's demand for sand and gravel aggregates this year! 2021 is bound to be a year in which the demand for sand and gravel continues to remain high, and it is bound to be a year full of opportunities for the development of the sand and gravel industry! In 2021, the sand and gravel industry will open the "Golden Era"!

The content disclosed in this government work report is closely related to infrastructure investment and the development of sand and gravel enterprises. It will drive the demand for sand and gravel aggregates to maintain a high level of about 20 billion tons, and promote the development of sand and gravel enterprises through loans, taxes, and electricity consumption. In particular, this year also put forward the carbon peak and carbon neutral goals for the first time!

Expand effective investment

This year, it is planned to arrange special bonds of 3.65 trillion yuan for local governments to give priority to supporting projects under construction and rationally expand the scope of use. 610 billion yuan is allocated for investment in the central budget. Continue to support major projects that promote coordinated regional development, promote the construction of "two new and one heavy", implement a number of major projects in transportation, energy, water conservancy, and build new infrastructure such as information networks, and develop a modern logistics system. Government investment is more inclined to projects that benefit a wide range of people's livelihoods, and new construction has been started to renovate 53,000 old communities in cities and towns to improve the level of public services in the county. Simplify investment approval procedures and promote the implementation of a commitment system for enterprise investment projects. Improve policies to support the participation of social capital, further remove various barriers that hinder private investment, and allow social capital to enter, develop, and make a difference in more areas.

Do a solid job in carbon peaking and carbon neutrality

Formulate an action plan for peaking carbon emissions by 2030. Optimize the industrial structure and energy structure. Promote the clean and efficient use of coal, vigorously develop new energy sources, and actively and orderly develop nuclear power under the premise of ensuring safety. Expand the scope of the corporate income tax preferential catalog for environmental protection, energy saving and water saving, promote the research and development and application of new energy saving and environmental protection technologies, equipment and products, and cultivate and expand the energy saving and environmental protection industry. Accelerate the construction of a national energy rights and carbon emission rights trading market, and improve the dual control system for energy consumption. Implement special financial support policies for green and low-carbon development, and set up carbon emission reduction support tools. As a member of the global village, China will make due contributions to the global response to climate change with practical actions.

Outlook

2020 is an extraordinary year. In this year, the sand and gravel industry has bucked the trend and achieved good results. 2021 is the first year of the "14th Five-Year Plan"! The country puts forward the goal of 6.0% GDP growth, which provides a "booster" for the development of the sand and gravel industry and a "reassurance"-in 2021, my country's sand and gravel demand will continue to remain stable. In the spirit of the "Several Opinions on Promoting the Development of the Sand and Stone Industry" issued by the Ministry of Industry and Information Technology and other ten national departments, and the "Guiding Opinions on Promoting the Healthy and Orderly Development of the Sand and Stone Industry" issued by the National Development and Reform Commission and other 15 departments and units. Next, combined with the Premier’s work report, China’s sand and gravel industry is facing unprecedented opportunities, and it also guides the mining machinery industry to develop in a more environmentally friendly and energy-saving direction.

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