In the first half of the year, Henan issued 208.6 billion yuan of new special bonds, supporting 2152 projects

As an important starting point for implementing active fiscal policies, local government special bonds are one of the most direct and effective policy tools to drive investment. In the first half of this year, the financial system of Henan Province actively took advantage of bond funds to invest in stable, supplement the shortcomings, and promote the development role. It issued 208.6 billion new special bonds and supported a total of 2,152 projects in the fields of transportation infrastructure. As of now, Henan Province has cumulative special bond funds to exceed 800 billion yuan.

Good quality -Focus on major projects

Planning and reserving normalization

In April of this year, the "Notice on Establishing Three Systems on the Establishment of Special Bonds" (hereinafter referred to as the notice of the establishment of special bonds) was clearly proposed to do a good job of normalizing project planning and reserves. The provincial finance adheres to the "funds follow the project", actively plan the reserve projects, and focus on the issuance of bonds in 10 major areas such as transportation, agricultural and forestry and water conservancy, and new infrastructure and new energy.

On August 18, Luoyang Metro Line 1 Ying Tianmen Station, there was a endless stream of Luoyang citizens who came to the subway. In the subway station hall, the design elements of peony flowers are reflected everywhere, which shows the unique charm of this historical and cultural city.

The Luoyang Metro is a major project that improves the modern comprehensive transportation system of the Central Plains urban agglomeration and improves people's livelihood. Rail transportation projects are largely invested. Only market -oriented financing is far from meeting project construction needs. The issuance of special bonds effectively guarantees the source of funds for such major projects. At the same time, the cost of special debt financing is relatively low, which also saves the financial expenditure of the enterprise. Up to now, Luoyang Metro Line 1 and 2 has issued a total of 6.593.5 billion yuan in government special debt.

Zhou Mengjie, deputy director of the debt office of the Provincial Department of Finance, introduced that the overall reserve of the special bond project of Henan Province is better, but the high -quality project reserves are small, the construction progress is slow, and the capital expenditure is slow. Henan Province took the lead in establishing a special bond project to plan a normalization system to solve these problems.

"With the special bond project to plan the normalization system of reserves, we must reserve high -quality projects in advance, improve the project's fund balance plan and project procedures, and solve the amount and quality of the project construction." Zhou Mengjie said.

Fast -fast -open green channel

The project runs "acceleration"

"The government's special debt procedures are simple, the approval is rapid, the restrictions on the processing procedures are less, and the normalized issuance method provides sufficient funding to help our environmental protection energy project construction. Hao Jianxin, general manager of Energy Co., Ltd. said.

The project started construction in January last year and was completed and put into operation in December. It realized the construction cycle of about 18-24 months in the industry in the industry that year, and the construction speed was doubled.

The soldiers and horses did not move, and the grain and grass went first. The "Notice" pointed out that it is necessary to strengthen coordinated scheduling and supervision and inspection, open up the "green" channel for project approval, strengthen communication and connection with industry supervisors, factor protection and other departments, and do a good job of service guarantee and preliminary preparations for project approval.

In terms of accelerating the progress of bond fund expenditure, the provincial fiscal policy accurately connects national policies, and actively plans to ensure that bond funds are issued early, with excellent term and low interest rates. In 2020, Henan Province took the lead in establishing a normalized review mechanism with the monthly newspaper and monthly review as its core. In 2022, it was further optimized to "submit it at any time at all levels and provincial two trials per week."

"The project approved by the review is included in the provincial -level distribution reserve project library. The central quota can be arranged to issue issuance, and make every effort to accelerate the project of the project and bond issuance to ensure that the physical workload of bond funds will be formed as soon as possible." Zhou Mengjie said.

Run steadily -firmly keep the bottom line

Risk of resolving debts

Increase the government debt risk into the political performance assessment system; all the legal debt is included in the budget management integrated system, and the optimized income, expenditure, and debt online big data monitoring and analysis platform; moderately relax the scope of the application of re -financing bonds ... Henan Province has comprehensively grasped the local government to afford to suffer from all over the country to afford to suffer from all over the country. Degree, project revenue balance, risk management effectiveness, and sustainability of debt lifting, strictly prevent borrowing debts beyond financial resources, and increase their efforts to prevent the risk of debt.

——In improve the risk prevention and control system. Incorporate government debt risks into the political performance assessment system such as high -quality development, linked to the distribution of new bonds, and accelerate and improve the government debt management system that covers comprehensive and scientific standards.

——The risk data monitoring. Establish an online monitoring platform for income, expenditure, and debt, integrate financial data such as government debt, "three insurances", and financial resources, integrate data such as development and reform, crowds and other departments, analyze and judge government debt risks in real time, and discover and dispose of risks in advance.

——In enhanced risk resolution ability. Study and establish a advance mechanism for new special bonds, increase the application of re -financing bonds, moderately relax the scope of applicable to re -financing bonds, reasonably determine the proportion of "renewal, repay, and slow", and effectively solve the pressure of short -term centralized bonds. In 2022, the principal of the provincial universities tried the early collection system, involving 43 projects, with bond funds of 3.63 billion yuan.

Responsible editor: Gao Shuai | Review: Li Zhen | Director: Wan Junwei

- END -