On June 8, Ministry of Housing and Urban-Rural Development vice minister Qin Haixiang told a State Council policy briefing that localities should deploy central fiscal funds, local government special bonds and credit funds, fully leverage market mechanisms and actively attract social capital. He urged encouraging private enterprises to participate in urban infrastructure construction and operation to build a sustainable urban construction and operation financing system.

2026-06-08

On June 8, Ministry of Housing and Urban-Rural Development vice minister Qin Haixiang told a State Council policy briefing that localities should deploy central fiscal funds, local government special bonds and credit funds, fully leverage market mechanisms and actively attract social capital. He urged encouraging private enterprises to participate in urban infrastructure construction and operation to build a sustainable urban construction and operation financing system.