Chapter 4010: Practicing Internal Skills

Su Xinghui nodded and said, "Infrastructure is still very important, but we cannot blindly invest in infrastructure. Currently, we still have to invest in infrastructure according to demand and the ability of local finance. This degree must be grasped well and must be consistent with the central government's policy."

Xing Guodong nodded thoughtfully. Grasping this degree was indeed very important.

He of course could see that the essence of the state's package of economic stimulus plans this time was to avoid blind investment, causing economic overheating and inflation. If Linshan City blindly invested, it would go against the spirit of the central government, which of course would not work.

In addition, if a city owed too much debt for the sake of infrastructure construction, that was also an unhealthy financial situation. Of course, Linshan City's economic development and financial expectations were quite good now, but it also had to grasp a degree and could not endlessly increase investment in infrastructure.

Xia Song said, "Hmm, this degree must indeed be grasped well. We will pay attention to it in actual operation."

In fact, in the past, no matter where Su Xinghui was, he would engage in large-scale infrastructure construction as soon as he took office. When he was in Pengjiawan, he built the Changjiangdaqiao; in Changshan, he built an expressway; in Chongjin County, the Changjiangdaqiao and expressway were built together.

When he arrived in Baozhou, he built an expressway and a high-speed railway; in Linshan, he also built an expressway and a high-speed railway, and the mileage was longer than that of Baozhou. The urban construction of these two cities had also changed greatly.

However, Su Xinghui was different from ordinary local cadres. He had the confidence and confidence to develop the local economy and could pay off the loans in a short time. In addition, his financing method was also different from ordinary local governments, and local finance would not have too much burden.

Su Xinghui's financing method was generally the BOT method. Often, a part was financed from the World Bank as the local government's investment part, and another part was generally financed from other financial institutions or private consortia, with local finance as collateral and toll fees to repay. This was actually a joint operation method, which had little pressure on local finance.

Therefore, these projects built by Su Xinghui not only didn't need local finance to spend too much money, but on the contrary, there were stable returns later, which was also a good supplement to local finance.

The saved financial expenditure could be used for other infrastructure construction. This method was quite good. ===== CHAPTER 4012 =====