Core Viewpoint - The Ministry of Finance has announced the results of the 2025 Urban Renewal Action Review, with 20 cities selected to receive over 20 billion yuan in central government subsidies for urban renewal initiatives, aiming to establish a sustainable urban renewal mechanism and address infrastructure deficiencies [1][2]. Funding and Support - Central government funding for urban renewal will be allocated based on regional criteria, with eastern cities receiving a maximum of 800 million yuan each, central cities up to 1 billion yuan, western cities up to 1.2 billion yuan, and municipalities directly under the central government also up to 1.2 billion yuan [2][5]. Urban Renewal Focus Areas - Key focus areas for urban renewal include the renovation of urban underground pipelines for water supply, gas, and heating, as well as the construction of integrated utility corridors. Other projects involve the establishment of comprehensive sewage treatment systems, waste classification and management, and the enhancement of municipal infrastructure such as historical districts and public green spaces [6]. Mechanism Development - The initiative emphasizes the development of project reserve and generation mechanisms, funding arrangement and mobilization mechanisms, land security, and approval processes to ensure effective implementation of urban renewal projects [6].
中央财政拟支持20城实施城市更新行动!
证券时报·2025-06-04 10:52