CPC Central Committee Emphasizes Urban Renewal, Real Estate Market Reform

Published: Apr 27, 2025 15:56

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The Political Bureau of the CPC Central Committee emphasized the need to intensify efforts in implementing urban renewal initiatives, advancing the renovation of urban villages and dilapidated housing in a forceful and orderly manner. It also called for accelerating the establishment of a new model for real estate development, increasing the supply of high-grade housing, optimizing policies for the acquisition of existing commercial housing, and continuously consolidating the stable development of the real estate market. Efforts should also be made to maintain stability and vitality in the capital market.

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