Core Viewpoint - The recent opening of the Huajiang Gorge Bridge, the world's highest bridge, highlights the significant advancements in China's infrastructure development, particularly in the context of the "14th Five-Year Plan" [1][2]. Group 1: Infrastructure Development - The Huajiang Gorge Bridge spans 2890 meters with a main span of 1420 meters, serving as a key project for the Guizhou Liuzhi to Anlong Expressway [1]. - The National Development and Reform Commission reported that the national comprehensive transportation network has achieved over 90% completion, covering more than 80% of counties and serving approximately 90% of the economy and population [1]. Group 2: Financial Support for Infrastructure - The China Development Bank (CDB) has provided significant financial support for infrastructure projects, with a total of 162.99 billion yuan in loans issued for the Huajiang Gorge Bridge project [1]. - Since the beginning of the "14th Five-Year Plan," CDB has issued over 6 trillion yuan in medium- and long-term loans for infrastructure, with a notable increase in the proportion of infrastructure financing compared to the end of the "13th Five-Year Plan" [2]. Group 3: Innovative Financing Models - CDB has been innovating financing models for infrastructure projects, offering a comprehensive range of financial services, including loans, bond underwriting, and leasing [3]. - The Inner Mongolia project, which successfully achieved full water supply capability, received 2.634 billion yuan in loans from CDB, showcasing the bank's tailored financing solutions [3]. Group 4: Future Directions - CDB plans to enhance its role as an "infrastructure bank," focusing on improving financial services throughout the entire lifecycle of infrastructure projects and promoting market-oriented financing models [4].

Core Viewpoint - The article discusses the transition of urban development in China from large-scale construction to urban renewal and quality improvement, emphasizing the importance of the recently issued "Opinions on Continuing to Promote Urban Renewal Actions" [1][2]. Group 1: Urban Renewal Support - The National Development and Reform Commission (NDRC) has been actively supporting urban renewal projects through various funding channels, including central budget investments, issuance of special bonds, and local government bonds, with over 4.7 trillion yuan allocated since the 14th Five-Year Plan [1][4]. - The NDRC plans to increase central investment support for urban renewal, establishing a dedicated budget for urban renewal projects by 2025, which will include support for public infrastructure and services [4][5]. Group 2: Financing and Investment Mechanisms - The NDRC aims to innovate financing models for urban renewal projects, advocating for a diversified funding mechanism to enhance investment efficiency and encourage participation from various stakeholders [5][6]. - Financial regulatory authorities are developing a loan management approach specifically for urban renewal projects, which will clarify loan conditions and processes for financial institutions [6].