Incremental Policies Gain Momentum, Infrastructure Investment Accelerates with Support

Economic data for September is set to be released. Experts believe that as multiple funding channels accelerate implementation, the growth rate of infrastructure investment in September is expected to rebound, with the investment structure continuing to shift towards innovation and optimization. Recently, incremental policies such as lowering interest rates and expanding the scope of Mortgage-Backed Loans (PSL), along with making full use of local government debt balance limits, have been introduced sequentially, providing strong support for infrastructure investment. Combined with concerted efforts to stimulate private investment vitality, confidence in private investment is also expected to further improve. (China Securities Journal)