Ministry of Industry and Information Technology and five other departments: accelerate the promotion of projects benefiting the people such as the transformation of urban villages, urban renewal, renovation of old residential areas, and smart parking facilities.

Six departments issued the "Work Plan for Stable Growth of the Machinery Industry". The Plan proposes to accelerate the construction of major projects in the national "14th Five-Year Plan", plan for major projects in the "15th Five-Year Plan", and continuously drive the innovative development of agricultural machinery, engineering machinery, rail transportation equipment, medical equipment, etc. Speed up the renovation of villages in cities, urban renewal, renovation of old neighborhoods, and the construction of smart parking facilities and other projects that benefit the people, and enhance the development demand for engineering machinery, rail transportation equipment, civil machinery, logistics equipment, etc. Utilize the manufacturing industry transformation and upgrading fund, the industrial parent fund, the small and medium-sized enterprise development fund, and other investment funds to guide social capital to increase investment in the manufacturing industry, forming a demand-driven for mechanical equipment.