What does new infrastructure mean? The difference between new infrastructure and old infrastructure

China's infrastructure strength can be said to be world-famous, and many people have a general understanding of infrastructure, such as expressway, high-speed rail and so on. However, the concept of new infrastructure has become extremely hot this year, so what does new infrastructure mean? What's the difference between the new infrastructure and the old infrastructure?

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1. What does the new infrastructure mean?

The "new infrastructure" is essentially the infrastructure of information digitization. According to various media, "new infrastructure" mainly includes seven major areas: 5G infrastructure, UHV, intercity high-speed railway and urban rail transit, new energy vehicle charging piles, big data centers, artificial intelligence, and industrial Internet.

Infrastructure investment has always been an important way to stabilize economic growth and ensure employment. Among the key construction projects announced by various provinces this year, infrastructure construction is still the focus. In infrastructure projects, the proportion of "new infrastructure" projects such as 5G network construction has increased significantly, so new infrastructure has become a hot keyword in 2020 and is very popular in the capital market.

However, new infrastructure is not a new concept. As early as 20 18, the country has clearly defined the positioning of "new infrastructure construction" such as 5G, artificial intelligence and industrial Internet.

Second, the difference between new infrastructure and old infrastructure.

Old infrastructure is generally understood as repairing bridges, paving roads and building houses, including railways, highways, bridges, water conservancy projects and other large buildings. The old infrastructure mainly lies in supporting the economy and ensuring employment.

New infrastructure is an infrastructure construction based on science and technology, which is not only an infrastructure, but also an emerging industry. Compared with the characteristics of the old infrastructure, the new infrastructure is more of a development model with light assets, high technology content and high added value. Most of the fields involved are the shortcomings of China's economic development in the future.

The above content about what the new infrastructure means, I hope it will help you. Warm reminder, financial management is risky and investment needs to be cautious.