Bond initiative
Source: Shanghai Daily |
00:01 UTC+8 February 10, 2026
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Print Edition
Print Edition
The Xinzhuang Industrial Zone has launched a long-term government bond initiative to replace outdated elevators in residential buildings in several neighborhoods.
In 2025, workers replaced 118 elevators older than 15 years. It took an average of 30 days from construction to commissioning, and social workers and subdistrict authorities worked hard to ensure a smooth construction and renovation process.
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