Three departments: Explore increasing long-term credit support for rural roads and establish a more stable funding mechanism for rural road investment.

The Ministry of Transport, the Ministry of Finance, and the Ministry of Natural Resources issued the "Action Plan for the Upgrade of Rural Roads in the New Round", proposing innovative investment and financing models. They aim to broaden financing channels, encourage financial institutions and social forces to participate in rural road development in a legal and compliant manner, explore increasing long-term credit support for rural roads, and establish a more stable mechanism for rural road funding. They also plan to explore differentiated loan models based on marketization and the rule of law, optimize loan approval processes, flexibly set loan terms and interest rates, and adopt flexible repayment methods such as "less principle first, more later" and "interest first, principle later". They encourage the legal adoption of methods such as the transfer of development rights along rural road networks and related resource rights and industrial operation rights to raise funds for rural road construction and maintenance from various sources.