The new version of the investment catalogue will be intensively reported to the State Council for industry access conditions.

The new version of the government approved investment project catalogue is reported to the State Council for the past two years. The industry access conditions will be intensively introduced. The source will inform the China Securities Journal reporters that the latest version of the government-approved investment project list revised by the relevant departments of the National Development and Reform Commission. It was reported to the State Council in April 2009 and is still in the pending phase. The industry believes that in the first year of the "Twelfth Five-Year Plan", the relevant industry access conditions will be intensively introduced. The "Proposal of the Central Committee of the Communist Party of China on Formulating the Twelfth Five-Year Plan for National Economic and Social Development" pointed out that the strategic adjustment of the economic structure is still the main direction of the "Twelfth Five-Year Plan" period. The industry believes that the catalogue is close to the report. The two years have not been introduced, but the pressure on industrial restructuring has not been reduced. The relevant ministries and commissions will speed up the formulation of relevant industry access conditions in the first year of the “Twelfth Five-Year Plan” in order to adjust the industrial structure in a timely manner. The above sources said that the scope of the revision of the catalogue revision will be relatively large, and some of the “two high and one capital” projects decentralized to the localities will be “tightened” and included in the approved catalogue for approval by the NDRC. In general, the principle of “relaxation” will continue to be adhered to, that is, to further reduce the types and scope of administratively approved investment projects and to delegate authority to the local authorities. At present, China has two systems for the approval and filing system of enterprise investment projects. The scope of approval is stipulated by the approved catalogue. The current approved catalogue covers less than 20% of the investment projects of enterprises. On January 24, the “Plastic Industry Access Conditions” promulgated by the Ministry of Industry and Information Technology stated: “Before the introduction of the new catalogue for government investment projects, the new polysilicon project will not be approved in principle.” In 2010, the Ministry of Industry and Information Technology revised the printing and dyeing and viscose Fiber, soda ash, cement, daily glass and other industry access conditions, Chen Yanhai, director of the raw materials department of the Ministry of Industry and Information Technology, said that in 2011, the industry will also develop and introduce synthetic ammonia, urea, phosphate fertilizer, hydrochlorofluorocarbons, wood and other industry access conditions And timely announce the list of steel, non-ferrous metals, petrochemical and building materials manufacturers that meet the entry requirements, and guide the industry's technological progress and social investment. Therefore, when the “Approval Catalogue”, which is the guiding document for the access conditions, is issued, and the specific adjustment is large, it has been widely concerned by the market. In July 2004, the State Council promulgated the "Decision on Investment System Reform", and the "Government-approved Catalogue of Investment Projects (2004)" was also published as an annex. The catalogue includes thirteen sub-projects of agriculture, forestry, water conservancy, energy, transportation, information industry, raw materials, machinery manufacturing, light industry tobacco, high-tech, urban construction, social undertakings, finance, foreign investment and overseas investment, covering almost all investment fields. Today, the catalog has not been adjusted for six years. In addition, unlike the upcoming “Industrial Structure Adjustment Guidance Catalogue”, which will reflect the industrial revitalization plan, foster strategic emerging industries, and curb overcapacity in some industries, the revised time of the Approved Catalogue (2009) is earlier than The State Council's Opinions on Suppressing Overcapacity in Some Industries and Repeated Construction to Guide the Healthy Development of the Industry (No. 38), the Ten Major Industrial Revitalization Plans, and the “Decision of the State Council on Accelerating the Cultivation and Development of Strategic Emerging Industries”, so the catalogue revision The fashion cannot be specifically referred to the above documents. As for whether to update and revise the catalogue, the above-mentioned sources said that it will be decided by the State Council.  

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