Core Viewpoint - The Qingdao Municipal Finance Bureau, in collaboration with multiple departments, has issued the "Qingdao Municipal Level Municipal Infrastructure Asset Management Measures" (Trial), marking the first municipal-level asset management guideline in the country, aimed at addressing key challenges in municipal infrastructure asset management [1][2]. Group 1: Key Highlights of the Measures - The measures establish a tiered and categorized asset management system, clarifying responsibilities among the finance department, supervisory departments, construction units, and maintenance units for municipal infrastructure asset management [2]. - The measures specify that the approval for external use and disposal of municipal infrastructure assets is the responsibility of the supervisory departments, enhancing the efficiency of routine disposal while ensuring compliance for significant disposal matters [2]. - The measures address the long-standing issue of transferring in-progress projects by creating a closed-loop management path, detailing the transfer process, responsible parties, and timelines, thereby facilitating asset value accounting and subsequent maintenance [2].