★多部门联手推进城市更新行动

Core Viewpoint - The Chinese government is set to implement a special budget for urban renewal projects, with a focus on enhancing infrastructure and public services, particularly in old residential areas and communities [1][2][3] Group 1: Urban Renewal Investment Plans - A special central budget for urban renewal will be established by June 2023, aimed at supporting public infrastructure and services [2] - The plan includes expanding support for projects related to the transformation of dilapidated housing and old neighborhoods [1][2] Group 2: Financing Mechanisms - The government will enhance the use of local government special bonds to finance urban renewal projects, encouraging participation from private enterprises and social capital [2][3] - A new loan management approach for urban renewal projects will be developed to clarify loan conditions and standards [3] Group 3: Community Improvement Initiatives - The government emphasizes the importance of renovating old residential areas and constructing complete communities, focusing on safety and living conditions [3][4] - From 2019 to 2024, 280,000 old residential areas have been renovated, benefiting 48 million households and improving various infrastructure [4] Group 4: Planning and Coordination - The Ministry of Natural Resources will guide the development of urban renewal plans, ensuring alignment with overall strategic planning and land use policies [4] - Efforts will be made to promote successful experiences from pilot cities in land redevelopment to enhance urban renewal policies [4]