State Council issued an Urban Renewal 15th Five‑Year Plan requiring a full census of urban stock assets, classification and disposal of undeveloped land and ongoing projects, and reactivation of idle or low‑efficiency assets including old factories, commercial and office buildings, commodity housing and public housing. The plan calls for accelerating a new real‑estate development model and reforming core systems for property development, financing and sales; it directs city‑specific measures to

State Council issued an Urban Renewal 15th Five‑Year Plan requiring a full census of urban stock assets, classification and disposal of undeveloped land and ongoing projects, and reactivation of idle or low‑efficiency assets including old factories, commercial and office buildings, commodity housing and public housing. The plan calls for accelerating a new real‑estate development model and reforming core systems for property development, financing and sales; it directs city‑specific measures to boost improvement‑oriented housing supply and to standardize the housing rental market. It prioritizes expanding affordable housing and strengthening housing support for low‑income urban households, new migrants and young people. The plan encourages property developers to pivot into urban renewal, deepens housing provident fund reform to broaden eligible uses and include flexible workers, and tightens management and standardization of existing urban infrastructure assets.