Guan Peng, director of the Fixed‑Asset Investment Department at the China State
Planner, said at a State Council briefing on June 8 that the agency, together
with the Ministry of Housing and Urban‑Rural Development, has been using
ultra‑long special treasury bond funds to support renovation of aging urban gas,
water supply, drainage, sewage and district heating networks. He said the China
State Planner will continue to allocate ultra‑long special treasury bond funds
to step up support for urban underground pipeline construction and upgrade
projects.
