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 urban renewal initiative, officials said on Friday.

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…