\十五五\规划研究系列之五：\新\新基建，地方如何适度超前？

Group 1: New Infrastructure Development - The "14th Five-Year Plan" emphasizes "moderate advance" in new infrastructure, focusing on information communication networks and integrated computing networks[2] - New infrastructure has expanded significantly, covering communication networks, data, and computing fields, driven by economic digital transformation[11] - From 2019 to November 2025, investment in electricity, internet software, and logistics has increased by 10.4%, 5.0%, and 4.1% respectively, highlighting the core investment attributes of new infrastructure[13] Group 2: Regional Strategies - Local governments focus on integrating infrastructure and enhancing traditional infrastructure's digital transformation, with 28 regions proposing smart upgrades[3] - The North China region emphasizes the construction of national data hubs and energy transition, with Beijing leading in data management and resource centers[22] - Eastern and Southern regions prioritize low-altitude infrastructure and smart upgrades in water transport, with Guangdong promoting comprehensive low-altitude flight infrastructure[24] Group 3: Policy Support for New Infrastructure - Fiscal policies have increased support for new infrastructure through policy financial tools, with 980.2 billion yuan allocated for digital economy and AI projects in 2025[5] - Monetary policy tools like technology innovation loans have been expanded to support new infrastructure, with green loans growing at rates of 17.5% and 25.1% for infrastructure upgrades[40] - Regulatory measures will optimize spatial layouts and control hidden debts to prevent redundant construction and "involution" competition[42]