In October, the investment in new projects rose sh

The investment in new projects rose sharply in October

according to the calculation of the 21st century macro research institute, the development index rose sharply in October, with the index value of 8.62% that month, the highest since this year

apart from the fact that all sub indexes are rising month on month, the planned investment growth rate of new projects has reached 15.78% year on year, making the greatest contribution

21 the development index mainly measures the four indicators of the whole society's freight volume, industrial power consumption, planned investment in new projects, and broad money. The growth weights are 25%, 20%, 25%, and 30% respectively. Among them, the growth rate of the balance of broad money is the most. Six papers have been published in core journals at home and abroad, and it has been more than 13% in the past four months. It can be seen that its change is small, which is not the main factor affecting the rebound of the development index on October 21

the planned investment growth rate of new projects accounts for only 25% of the whole 21 development index. Although the weight is not the highest, the growth rate of this index in October was 15.77%, which is the first time to reach more than 15% since September last year, reflecting the obvious trend of accelerated investment

the "21 development index" hit a new high in October

the 21 development index in October was 8.62%, a sharp rise from 5.18% last month, which is also the first time this year that the index has returned to more than 8%. Since this year, the index has been weak, with 5.86% in April this year and only 1.48% in April

from June to August this year, the 21 development index showed a slow recovery trend, but fell by 5.18% in September, and rose sharply in October this year

the 21st century macro research institute found that the 21st development index rebounded sharply in October, mainly due to the rapid rise in the planned investment growth rate of new projects, while other indicators showed a month on month rise

at the end of October, the balance of broad money (M2) was 136.10 trillion yuan, an increase of 13.5% year-on-year. The growth rate was 0.4 and 0.9 percentage points higher than that at the end of last month and the same period last year, respectively. The above growth rate was also the highest since 2014

in addition, the growth rate of freight transportation and industrial power consumption in the whole society has also improved. The growth rate of freight volume in October was about 4.2%, higher than that of 3.7% in August and 3.8% in September; The growth rate of industrial power consumption "these tests made by Valeo on automotive internal parts were carried out according to DIN EN ISO 1043 ⑴/GS 93016, which was -1.9%, also narrowed from the -2.9% decline in September

the planned investment growth rate of new projects has increased significantly

it is particularly noteworthy that the planned investment of new projects. In October, the growth rate of this index was 15.77%, and the required parameters for all LCD numerical control settings reached more than 15% for the first time since September last year, reflecting an obvious trend of accelerated investment

the planned investment growth rate of new projects in showed double-digit growth as a whole. But since this year, except for March, the growth rate in the first nine months has been in single digits. This also confirms the trend that the year-on-year growth rate of real investment continues to decline

in the first October of this year, the national fixed asset investment (excluding farmers) was 44742.5 billion yuan, with a year-on-year nominal increase of 10.2%, and the growth rate was 0.1 percentage points lower than that of the month. Compared with the growth rate of 15.7% in 2014, the cumulative growth rate of investment has been falling by 0.55 percentage points per month. In October, the growth rate of fixed asset investment (excluding farmers) was 0.72% month on month, with an annualized rate of 8.6%, indicating that the actual investment potential is falling below 10%

from the perspective of railways, the monthly railway investment was 554.7 billion yuan, with a year-on-year increase of 1.4%, and the investment in water management industry was 579.7 billion yuan, with a year-on-year increase of 23%, but they all failed to reach the expected target of 660 billion yuan, which is still a gap compared with the annual target of 800 billion yuan

why has the growth rate of investment been slowing down this year? The core is lack of money. Last year, the investment capital in place generally increased by double digits every month. In this month, the fixed asset investment capital in place was 47105.9 billion yuan, with a year-on-year increase of 7.3%. Although it was the highest in the year, compared with the growth rate of more than 10% in the past, there is still a big gap

to release China's economic potential, we need to strengthen design and supply

the 21st century macro Research Institute believes that the current decline in China's economic growth is not because there is no development potential, but because the potential suitable for residents' investment and consumption has not been released. Therefore, what is needed at present is not to blindly increase investment and promote consumption, but to establish an investment and consumption growth model suitable for the current characteristics of China's economy

taking real estate investment as an example, at the end of October, the area of commercial housing for sale nationwide was 686.32 million square meters, an increase of 21.22 million square meters over the end of September. According to the national actual average sales price of 6827 yuan/square meter in the previous October, the current backlog of housing for sale funds 46855 trillion, equivalent to more than 10% of the actual monthly investment

in 2014, the actual sheet metal of 270Million migrant workers was the coat of electronic universal experimental machine, and the proportion of house purchase was only 1%. How to release the potential of migrant workers to digest commercial housing? For example, migrant workers can be included in the scope of urban affordable housing according to the method of urban common property rights guarantee housing, which can alleviate the problem of destocking in third and fourth tier cities. If farmers invest to own part of the property rights, they can purchase the remaining property rights after the income of migrant workers increases in the future. In this way, when migrant workers do not obtain all the property rights, the government and migrant workers share the space for property appreciation

other problems, such as the shortage of railway investment and water conservancy investment, can also be solved through similar design

at present, a large number of consumption, investment and export potentials in the country have not been released. The state has begun to pay attention to supply side management in macro management, that is, to create new demand by improving supply

for example, in recent years, a large number of domestic residents have flocked to overseas shopping because overseas products are cheaper or of better quality. The price of some domestic goods is higher than that of foreign countries or the quality is worse than that of foreign countries, which is related to the reform of the fiscal and tax system and the lack of industry supervision

similarly, there is export. By transferring some production capacity to less developed countries, China not only promotes the growth of domestic industrial exports, but also drives the growth of local employment and consumption, which can achieve multiple goals with one stone

by the end of this year, China's per capita GDP will reach about 8000 US dollars, which is still 50% lower than that of high-income countries and regions. To solve the potential release problems of investment and consumption at this time, we need to reduce production and consumption costs through various reforms, create a convenient environment, and then release the accumulated economic potential