On July 18, the Provincial Housing and Urban-Rural Development Department actively prepared, the Guangdong Development Branch of the China Development Bank and the Guangdong Provincial Branch of the Agricultural Bank of China signed a capacity expansion finance program for the city center of Guangdong, east, west and north with 11 prefecture-level cities in Guangzhou. The first batch of project loan agreements for cooperation involved 22 projects, with a total investment of 30.88 billion yuan and a credit line of 18 billion yuan. The project covers new urbanization construction areas such as shantytowns reconstruction, affordable housing construction, resettlement community construction, land reserve, urban construction, garden development, infrastructure, and county tourism. Vice Governor Xu Ruisheng of the Guangdong Provincial People's Government, Governor Wu Deli from the Guangdong Development Branch of the China Development Bank, President Yuan Mingnan from the Guangdong Provincial Branch of the Agricultural Bank of China, and Minister Wang Yan of the Provincial Housing and Urban-Rural Development Office attended the signing ceremony.

Figure 1: Provincial People's Government Xu Ruisheng, Vice Governor (second from left), China Development Bank, Guangdong Province Branch, Wu Deli (left), Agricultural Bank of China, Guangdong Branch, Yuan Mingnan (first from right), Provincial Department of Housing and Urban-Rural Development Director Wang Hao (second from right) attends the signing ceremony

　　The implementation of capacity expansion and upgrading in the central, eastern and western regions of Guangdong, and the promotion of the development of the north, west, and east of Guangdong Province are important strategic arrangements made by the provincial party committee and the provincial government to ensure the realization of the “three positions, two lead” goal. The continuous expansion of funding channels is the guarantee and prerequisite for the development of various undertakings in the east, west and north of Guangdong. For this purpose, the provincial government attaches great importance to the strategic cooperation with large central financial institutions and builds a new type of urbanization investment and financing platform at the provincial level. The first is to guide large-scale credit funds to support people's livelihood projects such as affordable housing and ecologically livable urban and rural construction. The shanty town reconstruction project of the original Shaoguan Mine in Shaoguan City, the resettlement community of the Zhongke Petrochemical Project in the Zhanjiang Economic and Technological Development Zone, the affordable housing project of the Foshan (Yunfu) Industrial Transfer Industrial Park, and the Shaoguan Nanling Forest Tourism Comprehensive Development Project are all A typical project that aims to improve people's livelihood and enhance human settlements and ecological environment. The second is to broaden financing channels, attract private capital, and use bank loans, fund establishment and other investment and financing methods to support new urbanization. The third is to alleviate the shortage of funds for the revitalization and development of Guangdong's east, west, and north regions, support infrastructure construction in underdeveloped areas, and solve rough development problems. Fourth, under the premise of overall planning, public welfare and business projects in new cities, new districts and parks. Implementation of integration, overall loans, insufficient investment in solving urban public welfare infrastructure investment, and lagging facilities.

Figure 2: Provincial Housing and Urban-Rural Development Deputy Director Cai Wei Hosting the Signing Ceremony

　　The Provincial Department of Housing and Urban-Rural Development is the leading department for the implementation of financial cooperation between the provincial government and the central large-scale financial institutions. It is based on local service and service centers. It actively acts as a focal point. It closely communicates with the Provincial Development Bank of China, the provincial Agricultural Bank of China and local governments, and is a good financial institution and place. The bridge has begun to show results. The first is to initially establish a financial cooperation project library and actively coordinate financial institutions to promote project loans. The second is to explore financial innovation models and strive to establish funds; try to build a tripartite cooperation model between financial institutions, local governments, and provincial housing and urban-rural development offices. The third is the initiation of planning cooperation, the establishment of a regional and urbanization research institute, the opening of a new type of urbanization lecture hall, and so on, to advance the planning work in all directions.

In the future, the Provincial Department of Housing and Urban-Rural Development will implement the strategic deployment of the central government and the provincial government on promoting new-type urbanization and the expansion of urban districts in the east, west and west of Guangdong, and further strengthen close cooperation with financial institutions to actively promote project financing. Promoting the establishment of a new urbanization construction fund and local funds in Guangdong Province, and continuing to improve and optimize the project bank, prompting large-scale and centralized bank funding and providing comprehensive financing support for urban and rural construction in our province.