Ministry of Finance: During the "14th Five-Year Plan" period, the central government finances will continue to provide substantial support for urban renewal and implement tax support policies effectively.

On June 8th, Guo Fangming, director of the Economic Construction Department of the Ministry of Finance, stated at the State Council's regular policy briefing that the Ministry of Finance will coordinate various funding channels to support key tasks in urban renewal. This includes subsidies for urban affordable housing projects, local government special bonds, central budget investments, and funding from ultra-long-term special national bonds. During the "14th Five-Year Plan" period, the central government will continue to provide substantial support and continuously optimize policy design to improve the efficiency of fund utilization. In addition to financial support, tax support policies will also be implemented simultaneously, and urban renewal entities that meet the conditions can enjoy the current related tax preferential policies.