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Premier urges meeting deadline of shanty town renovation

English.news.cn 2015-10-10 20:31:41

BEIJING, Oct. 10 (Xinhua) -- Chinese Premier Li Keqiang urged local governments to push forward renovation of shanty towns as a national work conference was convened on the issue on Saturday.

"Renovation of shanty towns bears many low-income families' hopes in improving housing conditions and is also a focal point in pushing forward people-oriented urbanization," said Li in a written instruction.

Although progress has been made on this issue, challenges remain, Li said.

Local governments of different levels should ramp up efforts including providing financial and tax support, creating new mechanisms for private capital to take part in the task so as to meet the deadline.

China has set goals to construct 36 million affordable houses between 2011 and 2015.

Over the past four years, more than 20 million affordable houses were completed across the country, with 12 million under construction, and the assistance fund for building the houses has reached 710 billion yuan, the Ministry of Housing and Urban-rural Development data showed in May.

Related:

Chinese vice premier stresses completion of shanty town renovation goals

BEIJING, Oct. 10 (Xinhua) -- China must make sure to complete goals on shanty town renovation this year, Chinese Vice Premier Zhang Gaoli said at a national work conference specially convened on the issue on Saturday.

Governments of different levels should be strict in responsibility-seeking and assessment to officials who are in charge of the issue, Zhang said. Full story

China to renovate 5.4 mln dilapidated homes in 2015

BEIJING, Sept. 16 (Xinhua) -- China will renovate 5.4 million dilapidated apartments in urban areas this year.

The Ministry of Finance on Wednesday unveiled the target on its website and said local governments should provide timely fiscal and financial support using public budgets, government-managed funds and local government bonds. Full story

[Editor: huaxia]
 
Premier urges meeting deadline of shanty town renovation
                 English.news.cn | 2015-10-10 20:31:41 | Editor: huaxia

BEIJING, Oct. 10 (Xinhua) -- Chinese Premier Li Keqiang urged local governments to push forward renovation of shanty towns as a national work conference was convened on the issue on Saturday.

"Renovation of shanty towns bears many low-income families' hopes in improving housing conditions and is also a focal point in pushing forward people-oriented urbanization," said Li in a written instruction.

Although progress has been made on this issue, challenges remain, Li said.

Local governments of different levels should ramp up efforts including providing financial and tax support, creating new mechanisms for private capital to take part in the task so as to meet the deadline.

China has set goals to construct 36 million affordable houses between 2011 and 2015.

Over the past four years, more than 20 million affordable houses were completed across the country, with 12 million under construction, and the assistance fund for building the houses has reached 710 billion yuan, the Ministry of Housing and Urban-rural Development data showed in May.

Related:

Chinese vice premier stresses completion of shanty town renovation goals

BEIJING, Oct. 10 (Xinhua) -- China must make sure to complete goals on shanty town renovation this year, Chinese Vice Premier Zhang Gaoli said at a national work conference specially convened on the issue on Saturday.

Governments of different levels should be strict in responsibility-seeking and assessment to officials who are in charge of the issue, Zhang said. Full story

China to renovate 5.4 mln dilapidated homes in 2015

BEIJING, Sept. 16 (Xinhua) -- China will renovate 5.4 million dilapidated apartments in urban areas this year.

The Ministry of Finance on Wednesday unveiled the target on its website and said local governments should provide timely fiscal and financial support using public budgets, government-managed funds and local government bonds. Full story

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