Core Viewpoint - The article emphasizes the importance of financial support in driving urban renewal initiatives, highlighting the role of various financial institutions in providing tailored financial services for urban infrastructure improvement and cultural heritage preservation [1][2][3]. Group 1: Urban Renewal Initiatives - Urban renewal actions aim to optimize city structure, enhance functionality, preserve cultural heritage, and improve quality of life, which are crucial for high-quality urban development and economic growth [1]. - The Central Government has issued guidelines to enhance financial support for urban renewal, including increasing central budget investments and encouraging financial institutions to participate in a compliant and sustainable manner [1]. Group 2: Financial Institutions' Role - Financial institutions are focusing on diverse funding mechanisms to support large-scale urban renewal projects, which require sustainable financial solutions due to their significant investment scale and long construction periods [2]. - Postal Savings Bank of China has developed a dual-driven model combining external development and precise cultivation to innovate and integrate financial service products for the real estate sector [2]. Group 3: Specific Projects and Funding - The Kaifeng Railway Station urban renewal project has received a total credit support of 2.15 billion yuan, aimed at improving living conditions for over a thousand households and revitalizing local commerce [2]. - For the preservation of Chaozhou Ancient City, Postal Savings Bank has provided 480 million yuan in funding and developed a comprehensive management platform to enhance tourism services [3]. Group 4: Regulatory Support - The National Financial Supervision Administration is committed to guiding financial institutions in understanding the urban renewal action's logic and requirements, ensuring the development of tailored financial products and services [3].