Because the government will bear the large cost of the project 1. The special construction fund injects capital, the central government will bear 90% of the interest, and the local government will bear 10% of the interest (the actual interest borne by the local government is 1.2%).

2. Application conditions The National Development and Reform Commission has clarified the following project requirements for the application for the second batch (second quarter) of special construction funds in 2016: ① Meet the application scope of 34 special projects in 5 categories.

② The preliminary work of the project is sufficient and the conditions are mature.

It mainly arranges projects that can be newly started before the third quarter of 2016 and can generate new stimulus, as well as projects that have been started since 2014 and will mainly form a workload in 2016.

③ Prioritize projects with moderate returns, with a return rate of about 3-5% and a payback period of about 10-20 years.

No public welfare projects without returns or market-oriented projects with high returns shall be arranged.

④ All projects should perform evaluation and demonstration procedures in accordance with the law, and projects involving safety assessment must undergo safety assessment.