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Chen Zhenggao, minister of housing and urban-rural development, receives an interview before the opening meeting of the fourth session of the 12th National People's Congress at the Great Hall of the People in Beijing, capital of China, March 5, 2016. [Photo/Xinhua]

Chen Zhenggao, minister of housing and urban-rural development

China plans to renovate 20 million units in its shantytowns during the 13th Five-Year Plan period (2016-20), which is an unprecedented number, but Chen has high confidence in the initial preparations.

The 2016 plans for the shantytown renovations are already ready, about two months earlier than expected, the governments have raised the necessary subsidies and loans from China Development Bank also have been obtained.

Reporter: Zheng Jinran