In the first nine months, the national issued special bonds for urban village renovation amounted to 81.6 billion yuan, a year-on-year increase of 1.4 times

On October 23, according to monitoring by the China Index Academy, from January to September 2025, among the newly issued local special bonds nationwide, the issuance of special bonds related to real estate, including affordable housing projects, affordable rental housing, renovation of old urban communities, shantytown redevelopment, and land reserves, amounted to approximately 640 billion yuan, a year-on-year increase of 89%. Among them, the special bonds for the renovation of old urban communities and shantytown redevelopment were 63.2 billion yuan and 130.2 billion yuan, respectively, with the issuance of special bonds related to the transformation of urban villages reaching 81.6 billion yuan, a year-on-year increase of 1.4 times