Live Updates > Live Update Details
2025-12-18 11:04:00
[National Development and Reform Commission: Maintain Reasonable Government Investment Levels and Optimize Government Investment Structure] The National Development and Reform Commission (NDRC) issued a document entitled "Focusing on Expanding Effective Investment," emphasizing the need to effectively manage and utilize government investment. This includes maintaining reasonable levels of government investment, optimizing the structure of government investment, and strengthening the full life-cycle management of government investment. The document further clarifies the direction and priorities of central and local government investment, and increases the proportion of government investment in livelihood-related projects. It stresses strengthening the "two key" nature (high-level and low-level projects), adhering to a top-down approach, and emphasizing both tangible and intangible aspects to promote high-quality development of these projects. The document also emphasizes managing and utilizing central government budgetary investment effectively, further improving project quality and the efficiency of investment plan execution. It studies adjusting the pilot scope of "self-review and self-issue" of local government special bond projects, and further optimizing the management mechanism for special bond projects and funds. It calls for coordinating the use of various types of government investment, exploring the compilation of comprehensive government investment plans in areas with a good foundation, and better coordinating government investment needs and capabilities. Finally, it emphasizes strengthening the whole-process supervision and management of government investment projects, accelerating project construction and fund utilization, and preventing funds from becoming idle, misappropriated, or diverted.
