The Fixed Asset Investment Department of the National Development and Reform Commission published the article “Focus on Expanding Effective Investment”. The article points out deepening the reform of the investment approval system. Further improve the investment approval management system, focus on stimulating investment vitality, and effectively prevent inefficient and ineffective investments. Research and formulate opinions on deepening the reform of the investment approval system. In accordance with the principles of matching authority, consistent authority and responsibility, and effective supervision, the government's authority to approve investment projects is optimized, and the upgrading and verification management of projects in key regions and key areas is strengthened. Standardize government investment project approval procedures, strictly prohibit illegal use of state-owned enterprises, etc. to circumvent government investment approval, and improve the accountability mechanism for government investment decisions. Strict government investment project budget restrictions. Research and revise the catalogue of investment projects approved by the government to ensure that the management is effectively managed and that those that can be managed are revitalized in an orderly manner. Standardize the management of filing projects, and strengthen coordination of enterprise investment project approval, filing management and management policies such as elements and funds. Optimize investment project submission approval matters and processing processes, and improve approval efficiency. Improve systems such as filling in investment project construction and implementation information, and establish and improve comprehensive evaluation and performance evaluation systems for project decisions.

The Fixed Asset Investment Department of the National Development and Reform Commission published the article “Focus on Expanding Effective Investment”. The article points out deepening the reform of the investment approval system. Further improve the investment approval management system, focus on stimulating investment vitality, and effectively prevent inefficient and ineffective investments. Research and formulate opinions on deepening the reform of the investment approval system. In accordance with the principles of matching authority, consistent authority and responsibility, and effective supervision, the government's authority to approve investment projects is optimized, and the upgrading and verification management of projects in key regions and key areas is strengthened. Standardize government investment project approval procedures, strictly prohibit illegal use of state-owned enterprises, etc. to circumvent government investment approval, and improve the accountability mechanism for government investment decisions. Strict government investment project budget restrictions. Research and revise the catalogue of investment projects approved by the government to ensure that the management is effectively managed and that those that can be managed are revitalized in an orderly manner. Standardize the management of filing projects, and strengthen coordination of enterprise investment project approval, filing management and management policies such as elements and funds. Optimize investment project submission approval matters and processing processes, and improve approval efficiency. Improve systems such as filling in investment project construction and implementation information, and establish and improve comprehensive evaluation and performance evaluation systems for project decisions.