The General Office of the Communist Party of China Central Committee and the General Office of the State Council recently issued the "Opinions on Continuously Promoting Urban Renewal Action" (hereinafter referred to as the "Opinions"), which made a systematic and comprehensive deployment for the continuous promotion of urban renewal action. On May 20th, Qin Haixiang, Deputy Minister of Housing and Urban Rural Development, stated at a press conference held by the State Council Information Office that the "Opinions" are a comprehensive deployment of urban renewal work by the Party Central Committee and the State Council, and a guiding document for the implementation of urban renewal actions. The Ministry of Housing and Urban Rural Development will fully leverage its leading role and work together with relevant departments to ensure effective implementation. At the same time, various regions should explore and innovate according to local conditions, effectively implement urban renewal actions in an effective and orderly manner, and promote the implementation of decisions and deployments by the Party Central Committee and the State Council. It is reported that the Opinion focuses on promoting the optimization of urban structure, improvement of functions, continuity of cultural heritage, and enhancement of quality, and building livable, resilient, and smart cities. It deploys eight main tasks, which are characterized by strong systematicity, practicality for the people, and precise policy implementation. In terms of support and guarantee, the Opinion proposes six measures to solve the difficult problems in urban renewal work, including establishing and improving the implementation mechanism of urban renewal, improving land use policies, establishing a safety management system for the entire life cycle of housing use, improving diversified investment and financing methods, establishing a sustainable model for urban renewal, and improving regulatory standards. The main body and demands of urban renewal are diverse, and it is necessary to establish a sound implementation mechanism that adapts to urban renewal. ”Qin Haixiang stated that, specifically, firstly, to focus on physical examinations and establish an integrated promotion mechanism for urban physical examinations and urban renewal; The second is to focus on planning and establish a planning and implementation system for special planning, district planning, and project implementation plans; The third is to implement and establish a collaborative mechanism for urban renewal policies. At the press conference, relevant department heads also introduced a series of urban renewal support policies in areas such as land use, finance and taxation, and finance. Zhang Bing, the chief planner of the Ministry of Natural Resources, stated that the ministry is summarizing and promoting the experience of 43 pilot cities for the redevelopment of inefficient land through building communication platforms and increasing publicity efforts. It is further improving the policy mechanism of planning control, use control, land reserve, land supply, real estate registration and other full chain measures, and introducing more practical and effective land use policies to assist urban renewal actions. Urban renewal requires a significant investment of financial resources and elements. According to Guo Fangming, Director of the Economic Construction Department of the Ministry of Finance, the central government is based on the "three focuses" to support this work, namely focusing on exploring new models and supporting the implementation of urban renewal actions; Focus on key tasks of urban renewal, strengthen fiscal policies and funding support; Focus on the coordination of fiscal and financial policies, and promote the improvement of diversified investment and financing mechanisms. While increasing capital investment, we actively implement tax and fee preferential policies, such as the 'three exemptions and three halvings' of corporate income tax, urban land use tax, urban infrastructure supporting fees, and education surcharge reductions and exemptions. Next, we will continue to make efforts through these channels. ”Guo Fangming stated that the Ministry of Finance will also expand the scope of local government special bonds and use them as project capital, and increase support for urban renewal related projects. Give full play to the leverage role of policy finance and encourage policy banks to provide support to eligible urban renewal projects under the premise of controllable risks and financial sustainability. Zhao Chengfeng, head of the fixed assets investment Department of the National Development and Reform Commission, said that, in the next step, the National Development and Reform Commission will, in accordance with the decision and deployment of the Central Committee of the Communist Party of China and in combination with the division of responsibilities, continue to promote the work of urban renewal, continue to make good use of relevant channel investment, and further increase support for urban renewal projects; At the same time, we will actively promote the "soft construction" of urban renewal actions, focusing on innovative investment and financing models, improving operation and maintenance systems, and perfecting price and fee mechanisms. Specifically, firstly, steadily and orderly promote the implementation of key urban renewal projects; Secondly, we will continue to increase central investment support; Thirdly, actively promote innovation in investment and financing models. In terms of financial support, Liao Yuanyuan, Director of the Statistics and Risk Monitoring Department of the State Administration of Financial Supervision and Administration, stated that in the next step, the State Administration of Financial Supervision and Administration will conscientiously implement the requirements of the "Opinions", guide financial institutions to deeply understand the internal logic of urban renewal actions, accurately grasp new characteristics and requirements, and actively provide rich and diverse tailored financial products and services for urban renewal actions in accordance with the principles of legal compliance, controllable risks, and commercial sustainability, to meet the financial needs of different entities, projects, stages, and links. According to the unified deployment, the State Administration of Financial Supervision and Administration will also study and formulate specialized loan management measures for urban renewal projects, clarify loan conditions and standards, meet the financial needs of urban renewal actions, and improve the timeliness and effectiveness of financial services. ”Liao Yuanyuan stated. (New Society)