China Development Bank added over 380 billion yuan last year to support the renovation of urban villages

On January 12th, it was learned from the China Development Bank that in 2024, the bank will increase its special loan for urban village renovation by 381.7 billion yuan, supporting 723 urban village renovation projects in cities such as Beijing, Guangzhou, Jinan, Zhengzhou, Wenzhou, Nantong, and Ganzhou. Optimized the housing supply structure in these cities and improved people’s livelihoods. (CCTV News)

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