-- We will see that effective investment plays a key role inmaintaining stable growth and making structural adjustments.
The many weak areas in infrastructure and public services inChina and the urgent need for industry upgrading leave vast scopefor growth in effective investment. This year Darin Erstad Jersey , we will launch anumber of projects set forth in the 13th Five-Year Plan. More than800 billion yuan will be invested in railway construction, andinvestment in road construction will reach 1.65 trillion yuan. Afurther 20 water conservancy projects will be carried out, andmajor projects will be launched to develop hydropower, nuclearpower, ultra high-voltage power transmission, smart grids Zack Cozart Jersey ,pipelines for oil and gas transmission, and urban rail transit.Central government budgetary investment will be 500 billion yuan.We will deepen the reform of the investment and financing systems.Funds for specific projects will continue to be raised throughmarket-based mechanisms. Local financing platforms will be requiredto transform themselves and shift toward market-based financing,the securitization of tangible assets such as infrastructure willbe explored, and debt financing will be increased. We will improvethe public-private partnership model, make good use of the 180billion yuan in seed funds, and strictly honor contracts inaccordance with the law Kole Calhoun Jersey , so as to bring the enthusiasm of privateinvestors to the table.
-- We will advance new urbanization.
Urbanization is the path we need to take to develop a modernChina. It is where we will find the greatest potential for domesticdemand and the most powerful force for sustaining economicdevelopment. This year, we will take the following three majorsteps regarding urbanization.
First, we will move faster to see that urban residency isgranted to more people with rural household registration living inurban areas.
We will deepen reform of the household registration system andrelax restrictions on eligibility for urban residency. We willintroduce policies for making both the transfer payments and theland designated for urban development granted to the government ofa local jurisdiction conditional upon the number of people withrural household registration who are granted permanent urbanresidency in that jurisdiction. The full range of trials fordeveloping new urbanization will be extended to more areas.Residence cards are important assets for their holders. We mustmove faster to ensure that permanent urban residents without urbanresidency are issued residence cards, thus enabling them to enjoy,as provided for by law, the right to access compulsory education Mike Trout Jersey ,employment, medical care, and other basic public services. We willpromote the development of small towns and small and medium-sizedcities in the central and western regions to help more ruralmigrant workers find employment or start businesses in urban areascloser to home so that they do not have to choose between earningmoney and taking care of the families they leave behind.
Second, we will promote the construction ofgovernment-subsidized housing in urban areas and the healthydevelopment of the real estate market.