Among China's economic miracles over the past 40 years, it is a consensus of China’s model of economic development that infrastructure has obtained significant achievements. The major national development projects are deeply incorporated into the overall economic and social development. China needs to further increase the growth rate of Total Factor Productivity. Re-industrialization and new infrastructure may become the driver for future economic growth. This project focuses on the investment and financing model, investment efficiency estimation, and transmission mechanism of these projects. We hope to provide policy recommendations based on academic research, and help achieve balanced, sustainable and inclusive development of China's economy.
