In 2022, China's central government designated 10 billion yuan of funding for the redevelopment of rundown urban areas. Receiving almost 1.18 billion yuan, the eastern province of Jiangsu benefited the most from central government subsidies, followed by Hebei and Xinjiang.
Central government subsidies assigned for rebuilding of rundown urban areas in China in 2022, by region
(in million yuan)
Characteristic
Financial subsidies in million yuan
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One yuan equals to approximately 0.14 U.S. dollars and 0.13 euros (as of November 2023).
Cities of Dalian, Ningbo, Qingdao, Shenzhen, Xiamen, and the Xinjiang Production and Construction Corps are "cities and region specifically designated in the state plan" and are listed independently for fiscal purposes.
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gov.cn. (April 13, 2022). Central government subsidies assigned for rebuilding of rundown urban areas in China in 2022, by region (in million yuan) [Graph]. In Statista. Retrieved September 10, 2024, from https://www.statista.com/statistics/1424189/china-central-government-funding-for-urban-renewal-projects-by-region/
gov.cn. "Central government subsidies assigned for rebuilding of rundown urban areas in China in 2022, by region (in million yuan)." Chart. April 13, 2022. Statista. Accessed September 10, 2024. https://www.statista.com/statistics/1424189/china-central-government-funding-for-urban-renewal-projects-by-region/
gov.cn. (2022). Central government subsidies assigned for rebuilding of rundown urban areas in China in 2022, by region (in million yuan). Statista. Statista Inc.. Accessed: September 10, 2024. https://www.statista.com/statistics/1424189/china-central-government-funding-for-urban-renewal-projects-by-region/
gov.cn. "Central Government Subsidies Assigned for Rebuilding of Rundown Urban Areas in China in 2022, by Region (in Million Yuan)." Statista, Statista Inc., 13 Apr 2022, https://www.statista.com/statistics/1424189/china-central-government-funding-for-urban-renewal-projects-by-region/
gov.cn, Central government subsidies assigned for rebuilding of rundown urban areas in China in 2022, by region (in million yuan) Statista, https://www.statista.com/statistics/1424189/china-central-government-funding-for-urban-renewal-projects-by-region/ (last visited September 10, 2024)
Central government subsidies assigned for rebuilding of rundown urban areas in China in 2022, by region (in million yuan) [Graph], gov.cn, April 13, 2022. [Online]. Available: https://www.statista.com/statistics/1424189/china-central-government-funding-for-urban-renewal-projects-by-region/