Beijing is channeling 257 billion yuan into housing upgrades and underground infrastructure in 2026, while testing policies to draw private capital into low-return redevelopment projects

Beijing is channeling 257 billion yuan into housing upgrades and underground infrastructure in 2026, while testing policies to draw private capital into low-return redevelopment…

China will make full use of fiscal funds and bank credit while leveraging private capital as part of a broader drive to build a sustainable financing system for the country's…