Among the various policy tools deployed in this year's government work report, a new 800 billion yuan policy financial instrument that can “fill the funding gap and strengthen credit leverage” has yet to be implemented. Interviewed experts agreed that the tool will be implemented in the third quarter to leverage social capital and support efforts to stabilize investment and expand domestic demand in the second half of the year. “The tool is expected to be implemented intensively within the third quarter of this year.” Yuan Chuang, chief economist at Caixin Securities, said in an interview with reporters that according to conservative estimates, the 800 billion yuan new policy financial instrument could drive a total investment of more than 8 trillion yuan this year. Taking into account the multi-year construction cycle of the project, it is expected that the physical workload and effective investment increase of about 1 trillion yuan will be formed during the year, which will strongly support investment to stop falling and stabilize, and become an important support for the macroeconomy.

Among the various policy tools deployed in this year's government work report, a new 800 billion yuan policy financial instrument that can “fill the funding gap and strengthen credit leverage” has yet to be implemented. Interviewed experts agreed that the tool will be implemented in the third quarter to leverage social capital and support efforts to stabilize investment and expand domestic demand in the second half of the year. “The tool is expected to be implemented intensively within the third quarter of this year.” Yuan Chuang, chief economist at Caixin Securities, said in an interview with reporters that according to conservative estimates, the 800 billion yuan new policy financial instrument could drive a total investment of more than 8 trillion yuan this year. Taking into account the multi-year construction cycle of the project, it is expected that the physical workload and effective investment increase of about 1 trillion yuan will be formed during the year, which will strongly support investment to stop falling and stabilize, and become an important support for the macroeconomy.