China will increase funding for urban renewal in 2026, a National Development and Reform Commission official said at a Monday policy briefing. A total of 97 billion yuan (US$14.3 billion) will be allocated to renovate old urban residential communities and dilapidated housing, benefiting about 8 million households. Another 160 billion yuan will be earmarked for the upgrading of underground pipeline networks.
June 8, 2026China will build and upgrade around 770,000 km of urban underground pipelines during the 15th Five-Year Plan period (2026-2030), an official said Monday.
June 8, 2026China's State Council recently released an urban renewal plan, outlining key targets, major tasks and projects, as well as policy measures for the country's urban renewal efforts during the 15th Five-Year Plan period (2026-2030).
May 29, 2026