Why did the demolition of the southern new city of Xiang 'an in Xiamen stop this year?

Due to lack of funds, the demolition of the new town in the south of Xiang 'an, Xiamen has stopped this year. By querying the People's Daily. Due to lack of funds, the demolition of the new town in the south of Xiang 'an, Xiamen has stopped this year. Xiamen, referred to as Ludao for short, is a prefecture-level city, a sub-provincial city, a city with separate plans, an I-type big city, and a [17 1] second-tier city [206]. It is an important central city, port and scenic tourist city in China Special Economic Zone approved by the State Council. [1] Xiamen is located in the east of China and the southeast coast of Fujian province [193]. Its topography is mainly coastal plains, terraces and hills, and it belongs to subtropical maritime monsoon climate, which is mild and rainy. By 2022, Xiamen will have six districts, [130] with a total area of 1700.6 1 km2, [2] with a permanent population of 5.308 million and an urbanization rate of 90. 19%.