国内英语资讯:China to improve peoples livelihood with intensified efforts_时事

国内英语资讯:China to improve peoples livelihood with intensified efforts

It was pointed out at the meeting that renovation scale and standards need to be spelled out as quickly as possible. Pilot programs will be launched this year to gain experience for nationwide implementation. It is important to clearly define the responsibilities of local governments, harness the primary role of residential communities and respect residents' desire in this process. Priority will be given to upgrading roads and water, electricity, gas, optical fiber facilities. Elevators will be installed and parking lots will be built in communities where conditions permit.

New mechanisms for financing and investment will be used. Starting from this year, government-subsidized urban housing projects will receive funding support from the central government. Financial institutions and local governments will be encouraged to explore sustainable ways to increase financial support for the renovation of old residential communities. Market-based approaches will be employed to attract the participation by private actors. Long-term mechanisms will be established for follow-up community management.

"We need to carry out pilot programs and draw on best practices at home and abroad. Financial and fiscal support will be provided when necessary," Li said.

It was pointed out at the meeting that the new round of rural power grid upgrading, which started in 2016, has improved production and living conditions and stimulated consumption in rural areas.