大基建2.0

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消费拉不动,大基建来凑!比三峡更大的工程来了
Sou Hu Cai Jing· 2025-07-21 23:05
Core Viewpoint - The construction of the Yarlung Tsangpo River hydropower station, with an investment of 1.2 trillion RMB, is seen as a significant infrastructure project that signals the beginning of China's "Big Infrastructure 2.0" era, rather than a response to energy shortages or a shift towards renewable energy sources [3][7]. Investment and Economic Implications - The Yarlung Tsangpo hydropower station will generate a total of 200 billion kilowatt-hours, which is three times the output of the Three Gorges Dam, and will provide half of Guangdong's industrial electricity needs [3]. - The project is indicative of China's economic strategy, which relies on large-scale infrastructure investments to stimulate growth, as consumer spending is unlikely to increase significantly due to cultural attitudes towards frugality [7][9]. Construction Challenges - The construction of the hydropower station presents significant challenges, including high altitudes (over 3,000 meters) and oxygen levels that are only 70% of those at sea level, making it a technically demanding project [3].