The State Council has issued the "Catalogue of Government-Approved Investment Projects (2013)" to further reform the investment system and administrative approval process. This document aims to enhance government efficiency, redefine its role in investment management, and allow the market to play a more significant role in resource allocation. It also emphasizes the importance of corporate investment and strengthens macroeconomic regulation.
Under this notice, enterprises investing in projects listed in the catalogue must seek approval from the relevant authorities. Projects outside the list will be subject to record management. Public institutions and social organizations are also required to follow the same guidelines.
Laws, regulations, national development plans, industrial policies, and environmental standards serve as key references for project preparation and approval. For industries with overcapacity—such as steel, aluminum, cement, flat glass, and shipbuilding—new capacity will be strictly controlled in accordance with the State Council’s guidance.
Project approval authorities are tasked with improving their procedures, ensuring compliance with legal requirements, and working closely with other departments. Any project that does not meet regulatory standards or is not properly approved may face restrictions on formalities and credit support.
Projects requiring State Council approval must go through the Development and Reform Commission first. Industry management departments should be consulted beforehand. Provincial governments have the authority to define local approval powers, but they cannot delegate these responsibilities.
Special cases, such as those involving laws, regulations, or specific state provisions, should be handled accordingly. The 2013 Catalogue replaces the previous 2004 version and becomes effective immediately.
This comprehensive framework covers various sectors, including agriculture, energy, transportation, information technology, raw materials, machinery, light industry, high-tech, urban construction, social undertakings, finance, foreign investment, and overseas investments. Each sector has clear guidelines on which projects require approval and by whom.
For example, large-scale hydropower stations and nuclear power plants are approved by the State Council, while smaller wind farms can be approved at the local level. Coal mines with annual production above 1.2 million tons require central approval, while others are handled locally. Oil and gas pipelines, airports, and major railway lines are under strict oversight.
In the realm of foreign investment, projects with total investments above $300 million fall under central approval, while smaller ones are managed at the provincial level. Overseas investments exceeding $1 billion in sensitive areas require approval from the State Council, while others must be reported for record.
Overall, this policy reflects a shift towards more transparent, efficient, and market-oriented investment management, ensuring that both the government and private sector operate within a well-defined regulatory framework.
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The Drilling Core Bits is designed to meet the high demands of professional and industrial construction work. Our high strength segment with laser welding makes our core drill working very efficent. In the meantime the complete barrel gurantee a good concentricity.We have different type of core bit according to different application. We can also produce the diamond core drill with customer required size.
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Diamond saw blade is one of the most popular diamond cutting tools in the construction area. Choosing the right diamond saw blades is essential to the efficiency of your cutting work, whether you’re cutting concrete floor in a building in construction or cutting granite countertops in a kitchen.
There are two types of diamond blades according to the manufacturing process, Laser welded diamond blades and hot pressed diamond blades.
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Ningbo Yokelink Machinery Co.,Limited , https://www.yokelink.com