China's National Development and Reform Commission (NDRC) plans to allocate special long-term treasury funds to bolster the construction and renovation of urban underground pipeline networks. This initiative, in collaboration with the Ministry of Housing and Urban-Rural Development, will support upgrades for gas, water supply, drainage, sewage, and heating systems. The NDRC aims to further strengthen these critical infrastructure projects through continued special treasury bond funding. AI
RANK_REASON Significant government policy announcement regarding infrastructure funding. [lever_c_demoted from significant: ic=1 ai=0.1]
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