Trillion-dollar pipeline construction revitalizes the "soul" of the city.

During the "15th Five-Year Plan" period, the investment scale of urban underground pipe network has increased significantly compared to the "14th Five-Year Plan" period, bringing stable expectations for the long-term development of the industry. The underground pipe network industry is experiencing multiple favorable factors such as demand iteration, policy support, and technological upgrades. Policies and funds are both supporting the industry. In 2026, the central government has arranged 97 billion yuan of special funds for urban renewal within the central budget, with 160 billion yuan of special funds from ultra-long-term special national bonds allocated specifically for underground pipe network construction and renovation. In addition, local government special bonds and new types of policy-based financial instruments will also tilt towards the underground pipe network sector. Liu Huizhong, Executive Vice Secretary-General of the Professional Committee on Underground Pipelines of the China Surveying and Mapping Association, estimated that these four types of funds could exceed 400 billion yuan for the underground pipe network. With the leverage of fiscal funds, there is ample room for social capital and local matching funds to participate. "As funds gradually become available, pipeline projects across the country will enter a period of intense bidding. Pipe material, non-excavation repair, and monitoring equipment companies will be the first to benefit," said Liu Huizhong. According to the logic of the industry chain "who am I - where am I - how am I - how to treat - smarter," asset rights assessment, surveying and mapping, pipeline inspection, sensor monitoring, pipe material manufacturing, intelligent operation and maintenance, and other subdivision fields of the pipe network will usher in new opportunities.