Wang Qing, chief macro analyst at Dongfang Jincheng, said that judging from the investment mechanism, future “dual” project construction will still be an important gripper for stable investment. Wang Qing said, “On the one hand, the scale of funds supported by ultra-long-term special treasury bonds is expected to expand moderately; on the other hand, while making good use of central capital, the 2026 “dual” construction will also optimize investment and financing mechanisms, pay more attention to attracting private capital participation, give full play to the leveraging role of government investment, and further broaden the space for private investment.

Wang Qing, chief macro analyst at Dongfang Jincheng, said that judging from the investment mechanism, future “dual” project construction will still be an important gripper for stable investment. Wang Qing said, “On the one hand, the scale of funds supported by ultra-long-term special treasury bonds is expected to expand moderately; on the other hand, while making good use of central capital, the 2026 “dual” construction will also optimize investment and financing mechanisms, pay more attention to attracting private capital participation, give full play to the leveraging role of government investment, and further broaden the space for private investment.