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Title: Resilient Cities Prioritize Underground Pipeline Upgrades, Offering New Growth Opportunities for LESSO, the Leading Plastic Pipe Manufacturer
The pipeline construction sector is once again gaining momentum, fueled by supportive government policies aimed at accelerating infrastructure growth and modernization.On December 5, 2024, the General Office of the Communist Party of China (CPC) Central Committee and the General Office of the State Council issued the Guideline on Promoting the Construction of New-Type Urban Infrastructure to Develop Resilient Cities (hereinafter referred to as the Guideline). The document outlines key objectives:By 2027, significant progress will be made in the construction of new-type urban infrastructure, with an enhanced role in supporting resilient city development. A set of replicable and scalable best practices will be established.By 2030, new-type urban infrastructure will achieve remarkable results, driving the development of high-standard resilient cities. Urban safety and resilience will continue to improve, ensuring cities operate in a safer, more orderly, smarter, and more efficient manner.Notably, the upgrading of underground pipelines is highlighted multiple times. The Guideline emphasizes the need for localized digital transformation and intelligent management of municipal infrastructure, including urban water supply, drainage, power supply, gas, heating, fire hydrants, and underground utility corridors. It also calls for accelerating the construction of urban infrastructure "lifeline" projects, coordinating water supply networks with drainage and flood control systems, and enhancing the drainage and flood resilience of underground facilities and other key infrastructure.The implementation of this major policy has drawn significant attention from capital markets. Industry experts indicate that resilient city development will create new growth opportunities for infrastruct...
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