Screening of Fixed Asset Investment Projects Circular

关于清理固定资产投资项目的通知

The Circular details the screening of fixed asset investment projects in respect of the guiding ideology, principles, scope, content, post-screening handling, working methods and work progress.

(Issued by the State Council General Office on April 27 2004.)

Guo Ban Fa [2004] No.38

(国务院办公厅于二零零四年四月二十七日印发。)

国办发〔2004〕38号

To the people's government of each province, autonomous region and municipality directly under the central government, and each ministry, commission and directly subordinate organization of the State Council:

各省、自治区、直辖市人民政府，国务院各部委、各直属机构：

At present our economy continues to develop relatively rapidly. Economic returns have been further increased and the overall economic situation is good. However some prominent contradictions in and problems with economic development have not been effectively resolved, and some have become worse. This is manifested mainly by an over-rapid growth in and excessive scale of fixed asset investment, and the concurrent prominent contradictions due to tight supply and demand of coal, electricity, oil, transport and major natural resources. At present, efforts shall be made to resolve the problems of the investment boom, to promote relatively rapid and stable economic development, and to prevent large fluctuations. In order to further strengthen macro-economic adjustment and control, the State Council has decided to launch the screening work on fixed asset investment projects.

当前，我国经济持续较快发展，经济效益进一步提高，经济形势总体上是好的。但是，经济发展中存在的一些突出矛盾和问题没有得到有效缓解，有的还在进一步发展。集中表现在固定资产投资增长过快、规模过大，同时煤、电、油、运和重要原材料供求紧张的矛盾突出。当前，要着力解决投资膨胀问题，促进经济平稳较快发展，防止出现大的起落。为了进一步加强宏观调控，国务院决定开展固定资产投资项目清理工作。

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