The People's Bank of China recently announced the development of mortgage supplementary loans in January 2024. Research institutions believe that this round of PSL investment is mainly used for the "three major projects" of affordable housing construction, urban village renovation, and public infrastructure construction.
As of January 30, many cities across the country had announced the local implementation of the first special loans for urban village reconstruction. The China Development Bank realized the first batch of 9.08 billion yuan in special Loans for urban Village reconstruction, involving nearly 100 projects.