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国办:引导地方围绕当地产业发展实际调整政府投资基金布局 防止产能过剩和低水平重复建设

The State Council Office: Guide local governments to adjust the layout of government investment Funds based on the actual development of local industries to prevent overcapacity and low-level repeated construction.

Breakings ·  Jan 7 19:11

The General Office of the State Council recently issued the "Guiding Opinions on Promoting the High-Quality Development of Government Investment Funds." Provincial-level governments should manage local government investment Funds in conjunction with national development plans, national special plans, and regional plans, comprehensively considering local financial resources, industry resource foundations, and debt risks to locate themselves accurately and strengthen guidance on the establishment of Funds by lower-level governments. The National Development and Reform Commission, along with industry authorities, should fully play their roles in layout planning and investment guidance, and guide local areas to adjust the layout of government investment Funds around the actual development of local industries based on the utilization conditions of related industries across various regions to prevent overcapacity and low-level repeated construction.

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