Oct 20 — China Development Bank vice president Wang Kebing said at Beijing’s
urban renewal platform launch that CDB will establish a dedicated urban-renewal
loan in 2025 to step up financial support. During the 14th Five-Year Plan the
bank has issued over 2 tln yuan in urban-renewal-related loans, prioritizing
underground utility networks, aging residential communities, neighborhood and
factory-site upgrades and urban village redevelopment projects.