China Securities Journal: Incremental policies gradually take effect, infrastructure investment acceleration has support

September economic data is about to be released. Experts believe that with the accelerated deployment of multiple sources of funding, infrastructure investment growth is expected to pick up in September, and the investment structure will continue to improve toward new and higher-quality areas. Recently, incremental policies have been introduced one after another, including lowering the interest rate on pledged supplementary lending and expanding its scope, and making good use of the remaining local government debt quota. These will provide strong support for infrastructure investment. Coupled with joint efforts from multiple parties to stimulate the vitality of private investment, private investment confidence is also expected to further improve.