Huge Investment In Yunnan'S "Five Network" Infrastructure Plan

From the Yunnan provincial Party committee, Yunnan plans to implement 565 projects in the "five nets" infrastructure in the past five years, and invest more than 1 trillion and 600 billion yuan to fundamentally change the backward infrastructure in Yunnan.

According to Xinhua News Agency on September 1st, backward infrastructure such as pportation has become the biggest bottleneck restricting Yunnan's economic and social development. Yunnan has put forward road network, aviation network, energy guarantee network and water network.

The five major infrastructure networks, such as the 5 year general assembly war, include 173 renewal projects with a total investment of 656 billion 900 million yuan and 392 new projects with a total investment of 951 billion 400 million yuan.

Yunnan will give full support to these projects in terms of finance, land and examination and approval. While innovating financial cooperation, we will choose new expressway construction projects with better basic conditions and obvious features.

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A shares in Yunnan involve five major infrastructure construction, listed companies, celebrities, Yunnan city investment, Wenshan electric power and Nantian information.

Li Jiheng, Secretary of the Yunnan provincial Party committee, introduced that in May 2013, Yunnan province launched the 3 year critical battle for the comprehensive pport infrastructure construction, and achieved remarkable results.

Since 2013, the construction of Yunnan's comprehensive pport infrastructure has invested 249 billion 138 million yuan. By the end of this year, the total mileage of the whole province will reach 230 thousand km, and the mileage of Railways will be 2980 km, and the operation and construction of civil pport airports will reach 16.

"Speeding up the construction of the five major infrastructure networks and the highway network in Central Yunnan is an important measure for Yunnan to promote regional coordinated development and build a well-off society in an all-round way in the same time as the whole country. It is the basic support for Yunnan to actively serve and integrate into the national development strategy and build a radiative heart for South Asia and Southeast Asia."

Li Jiheng said that the objectives and tasks of the five major infrastructural facilities have corresponding foundations and conditions and are fully capable of achieving them on schedule.

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The Statistics Bureau released PMI data on manufacturing and non manufacturing industries in September 1st. Zhang Liqun, a special analyst, said that "the PMI index in August dropped 0.3 percentage points from last month, indicating that there is still a downward pressure on the economy."

The new orders and export orders index fell slightly, reflecting insufficient market demand; the purchase volume, import and finished product orders index declined, reflecting the lack of confidence in enterprises, and the destocking activities continued.

After entering the second half of this year, the macroeconomic regulation and control policy will further exert itself on steady growth. Based on the expected effect of the policy, the overall economic growth in the future will remain stable.

China's Manufacturing Purchasing Managers Index (PMI), released in August 2015, was 49.7%, down 0.3 percentage points from last month.

From the 12 sub index, compared with the previous month, backlog, purchase price, supplier delivery time and production activity activity index increased slightly; production, new orders, exports, finished goods inventory, purchase volume, import, raw material inventory and employment index decreased slightly.