The reporter learned today from the China Development Bank that since this year, CDB has thoroughly implemented urban renewal action plans, leveraged its strategic financial advantage, and issued loans of 36.1 billion yuan in the first three quarters to support the renovation and upgrading of municipal pipelines and underground integrated pipe galleries in Shanghai, Jilin and other places. Urban underground pipelines include municipal pipelines for gas, water supply, drainage, sewage, heat, etc., as well as underground integrated pipe galleries. They perform multiple functions such as gas transportation, water supply guarantee, sewage collection, rainwater discharge, and heat supply to ensure the safe and stable operation of the city. It can be said that the urban underground pipeline network is the “lifeline” of infrastructure buried deep underground and the “blood vessel” of the city. The construction of a city's underground pipeline network is an “inner” project of the city.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.