Recently, the Qingdao Municipal Finance Bureau, together with the Municipal Housing, Urban-Rural Development Bureau, the Municipal Transportation Bureau, the Municipal Public Security Bureau, the Municipal Water Authority, the Municipal Bureau of Municipal Administration of Forestry, the Municipal Bureau of Industry and Information Technology, and the Municipal Sports Bureau, jointly issued the “Qingdao Municipal Infrastructure Asset Management Measures”. This is the first municipal infrastructure asset management measure in the country, which will effectively increase the scale of municipal infrastructure assets and establish a solid institutional foundation for the subsequent revitalization of operational assets through market-based methods, maximizing asset efficiency, and empowering the high-quality economic development of Qingdao.

Recently, the Qingdao Municipal Finance Bureau, together with the Municipal Housing, Urban-Rural Development Bureau, the Municipal Transportation Bureau, the Municipal Public Security Bureau, the Municipal Water Authority, the Municipal Bureau of Municipal Administration of Forestry, the Municipal Bureau of Industry and Information Technology, and the Municipal Sports Bureau, jointly issued the “Qingdao Municipal Infrastructure Asset Management Measures”. This is the first municipal infrastructure asset management measure in the country, which will effectively increase the scale of municipal infrastructure assets and establish a solid institutional foundation for the subsequent revitalization of operational assets through market-based methods, maximizing asset efficiency, and empowering the high-quality economic development of Qingdao.