Strengthen transportation, energy, water conservancy and other network infrastructure construction!

We will accelerate the construction of the backbone of the national comprehensive three-dimensional transportation network

In terms of building the main framework of the national comprehensive three-dimensional transportation network, the meeting mentioned that it is necessary to strengthen the planning and construction of coastal and inland ports and waterways, and optimize and upgrade the national water transport facilities network. We will strengthen the development of comprehensive transport hubs and the collection and distribution system, and build a number of regional airports, general airports and cargo airports.

In terms of urban infrastructure construction, the meeting mentioned that it is necessary to create high-quality living space, promote the integration of urban agglomeration transportation, build a convenient and efficient intercity railway network, develop urban (suburban) railways and urban rail transit, promote the construction of an urban comprehensive road transportation system, orderly advance the construction of underground integrated pipeline corridors, and strengthen the construction of urban flood control and drainage, sewage and garbage collection and treatment systems. We will strengthen disaster prevention and mitigation infrastructure, strengthen public health emergency response facilities, and strengthen smart infrastructure such as smart roads, smart power supplies, and smart public transport.

Galaxy Securities pointed out that transportation is a basic, leading and strategic industry in the national economy, and is an important service industry. After years of reform and development, China's comprehensive transport network system is taking shape. By the end of 2021, China has issued the "Outline for the Construction of a powerful Transportation Country", the "Outline of the National Comprehensive Three-dimensional Transportation Network Planning", and the "14th Five-Year Plan for the Development of Modern Comprehensive Transportation System", and the path for the construction of a powerful transportation country is increasingly clear.

Citic Construction and Investment said that according to the Outline of the 14th Five-Year Plan, new infrastructure projects, transportation, energy, water networks, new urbanization and other fields are the focus of investment, and they are also major opportunities for a new generation of infrastructure investment to improve quality and efficiency. According to estimates, the overall investment scale of new infrastructure during the "14th Five-Year Plan" period is about 27 trillion, the new infrastructure enables the old infrastructure, and the new situation of the integrated development of new and old infrastructure will be further opened.

Chuan CAI Securities pointed out that major construction projects are concentrated, traditional infrastructure and related sectors are expected to be driven, and it is recommended to focus on the direction of rail transportation equipment. In addition, construction materials such as steel and cement are also expected to be driven. It is expected that the end of the second quarter will usher in a concentrated outbreak of demand for building materials, and the price and sales volume of building materials may usher in an increase.

We will accelerate the construction of the backbone and arteries of the national water network

The meeting pointed out that the construction of the main framework and main arteries of the national water network should be accelerated, and the construction and modernization of key water sources, irrigation areas and flood storage areas should be promoted.

Since the beginning of this year, investment in the water conservancy sector has accelerated significantly. On April 8, Wei Shanzhong, Vice minister of Water Resources, introduced at the press conference of the State New Office that about 800 billion yuan of investment in water conservancy projects could be completed in 2022. We will focus on advancing the preliminary work of 55 major water conservancy projects, reinforce more than 1,700 endangered reservoirs, and carry out the construction and modernization of about 570 large and medium-sized irrigation areas. Zhang Xiangwei, director of the planning department of the Ministry of Water Resources, said that in the first three months of this year, China completed 107.7 billion yuan of water investment, an increase of 35 percent year-on-year.

Guotai Junan Securities research report believes that this year's water conservancy will focus on the construction of major projects such as national water network and river basin flood control and smart water conservancy to make up for shortcomings. From the perspective of medium and long-term planning, during the "14th Five-Year Plan" period, water conservancy construction will achieve high-quality development from the four investment directions of flood control, water supply, smart water conservancy and ecological restoration.

The power of water conservancy construction is concentrated in two directions, one is the upstream pipe, including building materials, water pipelines, etc., and the other is the middle stream construction units, mainly involved in the design, construction and maintenance of water conservancy projects.

We will strengthen agricultural and rural infrastructure

In terms of agricultural and rural infrastructure construction, the meeting mentioned improving farmland water conservancy facilities, strengthening high-standard farmland construction, steadily promoting the construction of "four good rural roads", improving the rural transportation system, accelerating the construction of urban and rural cold chain logistics facilities, implementing large-scale water supply projects, and strengthening the construction of rural sewage and garbage collection and treatment facilities. We will promote the modernization of agriculture and rural areas by modernizing infrastructure. It is necessary to strengthen the construction of national security infrastructure and speed up the ability to cope with extreme situations.

Minsheng Securities pointed out that the construction of rural revitalization infrastructure mainly includes the construction of smooth roads, water conservancy projects (farmland water conservancy, drinking water and water supply for people and animals), power grids and broadband networks; Construction of rural cold chain logistics system, pollution control and solid waste treatment in "ecological livable".

We will build a new generation of supercomputing and cloud computing facilities

The meeting said that it is necessary to strengthen the construction of infrastructure for upgrading information, science and technology, logistics and other industries, layout the construction of a new generation of supercomputing, cloud computing, artificial intelligence platforms, broadband infrastructure and other facilities, and promote the layout and construction of major scientific and technological infrastructure. At the same time, the meeting also stressed that it is necessary to adhere to innovation-driven, increase the research and development of key core technologies, and improve the level of autonomy and control of infrastructure technology.

The China Academy of Information and Communication Technology recently released the "2022 Data Center White Paper", saying that with the improvement of high-performance computing, AI computing and edge computing demand in China, supercomputing, intelligent computing and edge data centers will be further developed, and computing power will show a diversified development trend. In terms of computing infrastructure providers, basic telecom operators such as China Telecom, China Mobile and China Unicom, third-party data center operators represented by GDS and Halo New Network, and cloud computing service providers such as Alibaba Cloud, Huawei Cloud, Tencent Cloud, Baidu Cloud and Jingdong Cloud all have more resources and technology accumulation.

According to Changjiang Securities research report, benefiting from new infrastructure, especially the construction of computing infrastructure, the server industry prosperity is also expected to be good in the long run. According to IDC, the compound growth rate of China's overall server market will reach 12.7% in the next five years. Inspur Information Server has ranked first in the global public cloud infrastructure computing market share for 11 consecutive quarters, and its leading position in the industry is stable. Zhongke Dawning has market advantages in supercomputing business, and will release the "5A" intelligent computing center solution in 2021, and has participated in the construction of intelligent computing centers in many places. Huawei, Unigroup's New H3C and other companies are also important suppliers of servers, ZTE also expressed the hope that server and storage products can achieve rapid growth, and strive to become the company's new 10 billion products within 1-2 years, within 3 years to enter the ranks of domestic mainstream suppliers.

Comprehensively strengthen infrastructure development and build a modern infrastructure system

This will lay a solid foundation for comprehensively building a modern socialist country

Beijing, April 26 (Xinhua)   The Financial and Economic Commission of the CPC Central Committee is an important institutional arrangement for the leadership of the economic work of the CPC Central Committee. All regions and departments should accurately grasp the spirit of the decision-making and deployment of the Financial and Economic Commission of the CPC Central Committee and jointly promote the implementation of the decision-making and deployment.

The meeting heard reports from the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Transport, the Ministry of Housing and Urban-Rural Development, the Ministry of Agriculture and Rural Affairs, the Ministry of Water Resources and other departments on comprehensively strengthening infrastructure construction. We listened to reports from the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Ecology and Environment, the Ministry of Agriculture and Rural Affairs, the Ministry of Emergency Management, the People's Bank of China and other departments on the implementation of the decisions made at the meetings of the Financial and Economic Commission of the CPC Central Committee since the 19th CPC National Congress.

The meeting pointed out that since the 18th National Congress of the CPC, China has made a number of world-leading achievements in major scientific and technological facilities, water conservancy projects, transportation hubs, information infrastructure, and national strategic reserves, and the overall level of infrastructure has achieved a leapfrog improvement. At the same time, it must be recognized that China's infrastructure is not adapted to the needs of national development and security, and comprehensively strengthening infrastructure construction is of great significance to ensuring national security, unimpeded domestic circulation, promoted domestic and international double circulation, expanded domestic demand, and promoted high-quality development.

The meeting stressed that at present and in the future, it is necessary to adhere to the people-centered development philosophy, adhere to the problem-oriented and goal-oriented, balance development and security, systematic planning and overall coordination, accurately strengthen weaknesses and strengths, optimize the layout, structure, function and development mode of infrastructure, mobilize the whole society, and build a modern infrastructure system. We will unify economic, social, ecological and security benefits, serve the country's major strategies, support economic and social development, and lay a solid foundation for comprehensively building a modern socialist country. We need to focus on the long term, strengthen infrastructure development's support for the development and protection of national space, the distribution of productive forces, and major national strategies, accelerate the construction of new infrastructure, and upgrade the level of traditional infrastructure. To be moderately ahead, the layout of infrastructure conducive to leading industrial development and safeguarding national security, while grasping the degree of advance construction. It is necessary to make scientific planning, implement the new development concept, base on the whole life cycle, coordinate the layout of various types of infrastructure, and realize connectivity, joint contribution and sharing, and coordinated interaction. It is necessary to drive infrastructure development with multiple wheels, give full play to the roles of the government and the market, central and local governments, state capital and private capital, and strengthen infrastructure development by layers and categories. It is necessary to pay attention to efficiency, to calculate both economic accounts and comprehensive accounts, and to improve the comprehensive benefits of the entire life cycle of infrastructure.

The meeting pointed out that it is necessary to strengthen the construction of network infrastructure such as transportation, energy and water conservancy, and take networking, network replenishment and strong chain as the focus of construction, and strive to improve network efficiency. We will accelerate the development of the backbone of a national comprehensive three-dimensional transport network, strengthen the planning and development of coastal and inland ports and waterways, and improve the nationwide network of water transport facilities. We will develop a distributed smart grid, build a number of new green and low-carbon energy bases, and accelerate the improvement of oil and gas pipelines. We will accelerate the construction of the backbone and arteries of the national water network, and promote the construction and modernization of key water sources, irrigation areas, and flood storage and detention areas. 

We need to strengthen infrastructure development for upgrading the information, science and technology, logistics and other industries, develop facilities such as next-generation supercomputing, cloud computing, artificial intelligence platforms, and broadband infrastructure, promote the layout of major science and technology infrastructure, strengthen the development of comprehensive transportation hubs and the distribution and transportation system, and build a number of regional airports, general airports, and cargo airports. We should strengthen urban infrastructure development, create high-quality living Spaces, promote the integration of transportation in urban agglomerations, build a convenient and efficient intercity railway network, develop urban (suburban) railways and urban rail transit, promote the construction of a comprehensive urban road transportation system, advance the construction of integrated underground pipeline corridors in an orderly manner, and strengthen the construction of urban flood control and drainage, sewage and garbage collection and treatment systems. We will strengthen disaster prevention and mitigation infrastructure, strengthen public health emergency response facilities, and strengthen smart infrastructure such as smart roads, smart power supplies, and smart public transport. We should strengthen agricultural and rural infrastructure, improve farmland water conservancy facilities, strengthen the construction of high-standard farmland, steadily promote the construction of "four good rural roads", improve the rural transportation system, accelerate the construction of urban and rural cold chain logistics facilities, implement large-scale water supply projects, strengthen the construction of rural sewage and garbage collection and treatment facilities, and promote agricultural and rural modernization with infrastructure modernization. It is necessary to strengthen the construction of national security infrastructure and speed up the ability to cope with extreme situations.

The meeting stressed the need to strengthen support for infrastructure construction. Under the unified leadership of the CPC Central Committee, we will establish a coordination mechanism for major infrastructure development, coordinate infrastructure planning and development in various fields and regions, and strengthen the guarantee of land, sea, energy and other resource factors. It is necessary to meet the financing needs of infrastructure construction, expand long-term financing channels, increase financial investment, and better focus on ensuring the funding needs of major national infrastructure construction. It is necessary to promote the standardized development and sunny operation of the cooperation model between the government and private capital, and guide social capital to participate in the investment and operation of municipal facilities. It is necessary to adhere to innovation-driven development, increase research and development of key core technologies, and improve the level of autonomy and control of infrastructure technologies. It is necessary to create a large-scale team of scientific and technological talents, expand the team of highly skilled personnel, and train a large number of excellent engineers.

The meeting pointed out that since the 19th National Congress of the Party, the Financial and Economic Commission of the CPC Central Committee has conducted in-depth studies on a number of fundamental and long-term major issues and played a strategic guiding role. To strengthen the leadership of the Party Central Committee over economic work, we must attach importance to political guidance, overall planning, overall development and security, scientific formulation of strategies and strategies, practical innovation and theoretical innovation, integration of near and far, addressing both symptoms and root causes, and paying close attention to implementation.

The meeting stressed that it is necessary to coordinate the two major issues of development and security, firmly establish a bottom-line thinking, effectively strengthen the ability to forecast and early warning of major risks, and have practical and effective response plans and specific operational measures. All regions and departments should accurately grasp the spirit of the decision-making and deployment of the Financial and Economic Commission of the CPC Central Committee, take the initiative to take responsibility, take active actions, and jointly promote the implementation of the decision-making and deployment. It is necessary to strengthen evaluation supervision, do a good job of comprehensive balance, and correct any problems in time. It is necessary to enhance the effectiveness of implementation and evaluate the effectiveness of implementation in all aspects by practical results. We should guide market expectations, clarify policy guidance and principles, and stabilize market confidence. It is necessary to strengthen supervision and inspection, carry out follow-up and inspection, and constantly improve the effectiveness of implementation.