During the “15th Five-Year Plan” period, the scale of investment in urban underground pipelines increased dramatically compared to the “14th Five-Year Plan” period, bringing stable expectations for the long-term positive development of the industry. The underground pipe network industry is facing multiple benefits such as demand iteration, policy support, and technology upgrades. Policies and funding are being strengthened in the same direction. In 2026, the central budget will invest 97 billion yuan in special funds for urban renewal, and 160 billion yuan of the ultra-long-term special treasury bonds will be earmarked for underground pipeline network construction and renovation. In addition, local government special bonds and new policy financial instruments will also be skewed towards the underground pipeline network sector. Liu Huizhong, Deputy Secretary General of the Underground Pipeline Professional Committee of the Chinese Society of Surveying and Mapping, estimates that the underground pipeline network with these four types of capital can be mobilized is estimated to be over 400 billion yuan. Leveraging financial resources, social capital and local supporting funds have broad scope for participation. “As funding is gradually disbursed, local pipeline network projects will intensively enter the bidding period. Pipeline, non-excavation repair, and monitoring equipment companies benefit first.” Liu Huizhong said that according to the industrial chain logic of “who am I - where - how - how to treat - smarter”, pipeline network segmentation fields such as asset assessment, surveying and mapping, pipeline inspection, sensor monitoring, pipe manufacturing, and intelligent operation and maintenance will usher in new opportunities.

During the “15th Five-Year Plan” period, the scale of investment in urban underground pipelines increased dramatically compared to the “14th Five-Year Plan” period, bringing stable expectations for the long-term positive development of the industry. The underground pipe network industry is facing multiple benefits such as demand iteration, policy support, and technology upgrades. Policies and funding are being strengthened in the same direction. In 2026, the central budget will invest 97 billion yuan in special funds for urban renewal, and 160 billion yuan of the ultra-long-term special treasury bonds will be earmarked for underground pipeline network construction and renovation. In addition, local government special bonds and new policy financial instruments will also be skewed towards the underground pipeline network sector. Liu Huizhong, Deputy Secretary General of the Underground Pipeline Professional Committee of the Chinese Society of Surveying and Mapping, estimates that the underground pipeline network with these four types of capital can be mobilized is estimated to be over 400 billion yuan. Leveraging financial resources, social capital and local supporting funds have broad scope for participation. “As funding is gradually disbursed, local pipeline network projects will intensively enter the bidding period. Pipeline, non-excavation repair, and monitoring equipment companies benefit first.” Liu Huizhong said that according to the industrial chain logic of “who am I - where - how - how to treat - smarter”, pipeline network segmentation fields such as asset assessment, surveying and mapping, pipeline inspection, sensor monitoring, pipe manufacturing, and intelligent operation and maintenance will usher in new opportunities.