The New Theme Of China'S Stock Market Is Coming: The Yangtze River Economic Belt.

The State Council recently approved the development plan for the urban agglomeration of the middle reaches of the Yangtze River, which is the first span regional urban agglomeration plan approved by the state after the promulgation of the new urbanization plan (2014-2020 years).

The Yangtze River economic belt development plan rose to a national strategy in March last year, and echoed with the integrated development strategy of Beijing, Tianjin and Hebei, forming the most important regional development strategy for China in the coming years.

Guotai Junan analyst Dai Kang said in the research report that the top design plan of the Yangtze River Economic Belt will be introduced in the first half as an important catalyst.

What is the Yangtze River economic belt?

The Yangtze River economic belt covers 11 provinces and cities, including Shanghai, Jiangsu, Zhejiang, Anhui, Jiangxi, Hubei, Hunan, Chongqing, Sichuan, Yunnan and Yunnan, with a total population and GDP exceeding 40% of the whole country.

　　 Urban agglomeration in the middle reaches of the Yangtze River Wuhan city circle, Changsha Zhuzhou Xiangtan Urban Agglomeration and the surrounding Poyang Lake city group as the main body form the megalopolis. It is one of the support of the three major span regional urban agglomerations of the Yangtze River economic belt. It is also the key area to implement the strategy of promoting the rise of the central region, deepening reform and opening up and promoting the new urbanization in an all-round way, and plays an important role in the regional development pattern of China. Many cities in Hunan, Hubei and Jiangxi are covered.

What is the development path?

In the view of Ping Fang securities analyst Lei Fang, the strategic significance of the Yangtze River economic belt lies in regional linkage and overall openness.

1) regional development to achieve the rise of central China and the western corridor. Along with the expansion of the market, the spanfer of technological advantages and the changes in the industrial structure, the central and western provinces have gradually benefited. The incremental investment in the Yangtze River economic belt is expected to be concentrated in the central and western regions, especially the spanportation projects based on the golden waterway will increase significantly.

2) Market level Regional integration and industrial upgrading. It includes the elimination of regional market barriers, the integration of economic cooperation, the integration of customs clearance and the integration of ecological construction, and the gradual completion of industrial spanfer and upgrading, so as to achieve the optimal allocation of resources in the Yangtze River economic belt.

3) at the level of urbanization, great urban agglomeration and new urbanization should be built up to enhance the urbanization rate and to realize the three major urban agglomerations with Shanghai Wuhan Chongqing as the center, and to strengthen the interconnection and interaction of the urban agglomeration.

To put it simply, according to the statement of Li Lifeng in Research Report of the state securities company, the strategic positioning of the Yangtze River economic belt construction is:

The implementation of the Yangtze River economic belt construction strategy can be divided into three regional levels: Shanghai (whole river basin), Wuhan (middle reaches Development) and Chongqing (upstream development), so as to build a new regional development platform relying on the golden waterway.

　　 investment opportunity Where?

Ping An Securities believes that taking into account the total economic volume, population and market size, and the direct role of "one belt and one road", the investment opportunities in the capital market of the Yangtze River economic belt may be greater than that in Beijing, Tianjin and Hebei. Its investment opportunities are mainly:

1) spanport logistics and infrastructure investment, especially those related to the golden waterway.

2) equipment manufacturing industry in the context of industrial upgrading and industrial spanfer;

3) increase environmental protection opportunities brought about by environmental governance. In addition, other related property and commerce such as Chongqing and Wuhan can also be paid close attention to.

State securities also believes that the Yangtze River economic belt can play a leading role in economic integration. Under this investment concept, shipping integration will be the first breakthrough. It is suggested that we should pay close attention to the four main lines of port, infrastructure, environmental protection water and tourism in the relevant provinces and municipalities, and the most beneficial one is the "port" plate.