Economy

China to renovate 2.65m rural run-down houses

(Xinhua)
Updated: 2011-06-07 10:57
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BEIJING - China plans to renovate 2.65 million dilapidated houses for poor rural households in the central and western regions this year, the Ministry of Housing and Urban-Rural Development (MOHURD) said Monday.

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The government will first renovate 200,000 houses of poor farmers living along the country's borders, said the MOHURD.

Also, 90,000 dilapidated houses will be renovated into energy-efficient housing units in northeast, northwest and north China and Tibet autonomous region as well, it added.

The government will allocate up to 8,000 yuan ($1,234) for each household to subsidize the project.

In March, the government earmarked 10 billion yuan in the first subsidizing phase, according to the MOHURD.

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