Investment is both a current demand and a future supply. Expanding effective investment is a strategic move to promote high-quality development. The recent Central Economic Work Conference emphasized the need to adhere to the close integration of investment in goods and investment in people. During the research, the reporter felt that promoting mutual promotion and progress between investment in goods and investment in people, promoting positive interaction between consumption and investment, supply and demand, has enormous potential and broad space for China to expand effective investment. At present, the construction site of Huatanzi Reservoir project in Sinan County, Tongren City, Guizhou Province, is bustling with intelligent machinery and equipment, and workers are rushing to pour concrete for the dam. As one of the 150 major water conservancy projects in the country, the Huatanzi Reservoir Project has been scientifically planned and carefully organized by all parties involved since its construction began in 2024, ensuring that the project progresses efficiently according to plan. Currently, more than half of the total project investment has been completed. ”Li Baojun, General Manager of Guizhou Water Investment Huatanzi Engineering Co., Ltd., said. The first phase of the Nengjian Songyuan Hydrogen Energy Industrial Park project, the world's largest green hydrogen ammonia alcohol integration project, has been put into operation, and the Jinshang Hubei ± 800 kV high-voltage direct current transmission project has been completed and put into operation... Recently, major projects in many places have made new progress, supporting stable investment fundamentals. Investment is an important way and effective means to stabilize growth and promote development. Since the beginning of this year, we have made precise efforts to stabilize investment policies and formed a joint force by investing 500 billion yuan in new policy based financial instruments to supplement project capital, issuing measures to further promote the development of private investment, and improving the long-term mechanism for private enterprises to participate in major project construction. In the first 11 months of this year, China's fixed assets investment fell 2.6% year on year. This is not only influenced by current factors such as the high pressure of local government debt and poor local investment circulation, but also a reflection of long-term factors such as changes in economic development stages and the transformation of old and new development drivers. However, structurally speaking, investment in China still maintains stable growth. In the first 11 months, after deducting real estate development investment, project investment increased by 0.8% year-on-year, with investment in key areas maintaining growth and investment in emerging areas showing good growth momentum. This year, a total of 800 billion yuan will be allocated to support 1459 projects for the "dual" construction. From transportation infrastructure such as high-speed railways and trunk highways along the Yangtze River, to the "Three North" project and high standard farmland construction, the "dual" construction effectively drives the development of upstream and downstream industries and promotes investment increment and expansion. New infrastructure is a strategic cornerstone that supports the development of new formats, industries, and services, and is also an important aspect of expanding effective investment. Not long ago, the main structure of the BRICS Digital Industrial Intelligent Valley project located in Huli District, Xiamen City, Fujian Province was fully capped. At present, there are 30 companies in talks, of which 6 have already landed. After all reach production capacity, the park's revenue is expected to exceed 10 billion yuan, "said Huang Chang, the general manager of Xiamen Xinshu Science and Technology Innovation Co., Ltd., the project development entity. Looking at the whole country, from low altitude economy and artificial intelligence to 5G base stations and big data centers, new infrastructure projects in key areas are being orderly promoted, accumulating momentum for high-quality development. In the first 11 months, the added value of the smart consumer device manufacturing industry increased by 7.6% year-on-year, while the output of industrial robots, industrial control computers, and system products increased by 29.2% and 87.6% respectively. The per capita infrastructure stock capital in our country is only 20% to 30% of that in developed countries, and there are many shortcomings in areas such as water conservancy, municipal and new infrastructure. There is a lot of room for 'investment in goods'. ”Zhang Linshan, a researcher at the Institute of Macroeconomics of the National Development and Reform Commission, said that focusing on optimizing and revitalizing existing resources, filling gaps in key core technologies, and other key areas will broaden the new space for effective investment. Releasing investment in new human potential, we entered the construction site of Hongjiang No.1 Middle School's new campus project located in Huaihua City, Hunan Province. The main structures of the teaching building, gymnasium, and dormitory building are arranged in a staggered manner, and some classrooms are taking shape. Workers are carrying out decoration work in an orderly manner. The project is expected to be completed and accepted by the end of April next year, and put into use in September, which will effectively alleviate the problem of high school enrollment shortage in Huaihua City. ”The relevant person in charge of Hongjiang District Education Bureau said. You can see the whole area from a corner. Qinhuangdao in Hebei Province is accelerating the construction of regional medical centers, Hefei in Anhui Province is building a "15 minute" childcare service circle, and Haidian District in Beijing will create no less than 20 smart nursing homes in the next three years... Many places are increasing investment around the comprehensive development of people, improving human capital and people's well-being, and promoting effective investment expansion and quality improvement. Persisting in ensuring and improving people's livelihoods in development, China's investment in basic infrastructure for people's livelihoods has steadily increased. In the first 11 months of this year, investment in power and heat production and supply industry and water transportation industry increased by 12.5% and 8.9% respectively year on year, and investment in Internet and related service industry increased by 20.7% year on year. Investing in people aims to allocate more fiscal funds and public resources towards areas such as education, employment, and healthcare, driving high-quality economic development through the enhancement of human capital and the release of consumption potential. ”Yu Chunhai, Executive Dean of the School of Economics at Renmin University of China, said. Investing in people and promoting high-quality urban renewal is an important aspect. The 15th Five Year Plan proposes to adhere to the development of urban connotation and vigorously implement urban renewal. In the resettlement community of Liujiazhai Village, Pengjiazhai Town, Chengxi District, Xining City, Qinghai Province, a water supply network renovation project with an investment of 13 million yuan is being vigorously promoted. In the area where the road construction is completed, the staff measures the dimensions, marks the points, and plans to add about 150 parking spaces, which will effectively alleviate the parking pressure in the community. The renovation of underground pipeline network is an important part of urban renewal. During the 15th Five Year Plan period, it is expected that more than 700000 kilometers of underground pipeline networks will be constructed and renovated, with an additional investment demand of over 5 trillion yuan. From a broader perspective, China has a vast space for investing in people: looking at the investment of "one old and one small". The population aged 60 and above in China exceeds 310 million, and the scale of the silver economy is expected to exceed 30 trillion yuan by 2035; The number of infants and young children under the age of 3 is close to 30 million, and the market for childcare services is vast. The 'one old, one small' service is expected to leverage new investment opportunities. Look at talent and skill investment. High skilled talents in our country account for only 7% of the total employed population, and the ratio of skilled workers seeking employment has remained above 2 for a long time. The demand for investment in human resources development such as training and employment will continue to be released. Human beings are the starting point and foothold of development. Making investment in goods better serve people, promoting economic development and improving people's livelihoods to form a virtuous cycle, will build the long-term competitiveness of China's economic development. ”Professor Ma Shuang from the University of International Business and Economics said. On December 16th, in Tailaoshan Town, Fuding City, Fujian Province, China, the first concrete pouring of the nuclear island for Unit 6 of CGN Fujian Ningde Nuclear Power Plant was completed, marking the start of the main project of the unit. The Ningde Nuclear Power Project is the first nuclear power plant in Fujian Province to commence construction and operation. The project team identifies construction difficulties systematically through schedule deduction and inventory management, ensuring the steady progress of key nodes, "said Tian Huiyu, Chairman of Fujian Ningde Nuclear Power Co., Ltd. At the end of the year, many regions have made efforts to optimize factor guarantees, strengthen project scheduling, and actively plan and promote major project construction, laying a solid foundation for next year's investment. Expand effective investment and enhance development momentum. The Central Economic Work Conference has clarified that the first of the eight key tasks for economic work next year is to "adhere to domestic demand leadership and build a strong domestic market". A series of important deployments have been made for investment work, requiring "appropriate increase in the scale of investment within the central budget", "optimization of the implementation of" dual "projects", and "high-quality promotion of urban renewal". Jiangsu is promoting the rolling reserve and effective implementation of "dual" projects with high quality, Guangdong is increasing the proportion of government investment in people's livelihoods, Zhejiang is strengthening investment in human resources development and comprehensive human development... Various regions are devising new strategies and practical measures to promote mutual promotion and progress between investment in goods and investment in people. Multi departmental intensive deployment enhances investment vitality and growth momentum. The National Development and Reform Commission requires an appropriate increase in the scale of central budget investment next year; The Ministry of Finance plans to issue extra long term special treasury bond next year to continue to support the "dual" construction and the "two new" work; The Ministry of Education has specified that the number of schools under the second phase of the "New Double High" construction will increase to 220. Private investment is an important driving force for stabilizing investment growth and promoting economic development. Entering the new energy automation production line of Chuzhou Yueda Industrial Co., Ltd. located in Quanjiao County, Anhui Province, four truss robots shuttle back and forth in the machining center, and can produce one new energy vehicle aluminum alloy cylinder every 135 seconds. With the support of the local government, this production line has been put into operation as scheduled, driving a 30% increase in the company's production efficiency. ”The company's general manager Huang Zewei said that he plans to invest more than 100 million yuan next year to further enhance the level of intelligence. Focusing on the key concerns of private enterprises, Quanjiao County has established a reserve pool of enterprise projects, formed investment promotion teams, and promoted the landing and transformation of private investment projects in key areas such as industrial technological transformation and the cultivation of emerging industries. Directly addressing the concerns of private enterprises and further stimulating the vitality of private investment. Various regions have made precise efforts in expanding access, breaking through barriers, and strengthening guarantees, using a combination of policies to encourage private enterprises to invest and have returns. We believe that through investment consumption linkage and government market synergy, there are fully conditions to promote sustained growth in domestic demand next year. ”The relevant officials in charge of the Central Finance Office said. Next year marks the beginning of the 15th Five Year Plan. We will thoroughly implement the deployment of the Central Economic Work Conference, adhere to the close combination of investment in goods and investment in people, fully unleash the potential of investment vitality, and the momentum of high-quality development will be stronger and more sustainable. (New Society)