The transformation of urban villages is closely integrated with the construction of affordable housing in mega cities
CCTV News: The Central Political Bureau meeting on July 24th emphasized the need to increase the construction and supply of affordable housing, actively promote the renovation of urban villages and the construction of public infrastructure for both emergency and emergency use, and revitalize the renovation of various idle properties. On July 28th, a video and telephone conference was held to steadily promote the renovation of urban villages in mega cities, during which specific requirements were put forward for the renovation of urban villages.
Experts have stated that this round of urban village renovation will not become a new shantytown renovation, will not involve large-scale demolition and construction, and will not allow for a rush to move forward. It will be closely integrated with the construction of affordable housing.
![The transformation of urban villages is closely integrated with the construction of affordable housing in mega cities](https://a5qu.com/upload/images/78fb603c31da0107c1b2b4b70ed75a07.jpg)
Experts say that the proposal to actively promote the transformation of urban villages and the construction of "dual use" public infrastructure is an important way to improve people's livelihoods, expand domestic demand, and promote high-quality urban development. It also meets the requirements of establishing a new development model for real estate.
Especially the transformation of urban villages is an inevitable choice for urban development to shift from incremental expansion to improving stock quality. Essentially, it is also a supply side reform of land elements in the real estate industry, which is conducive to providing high-quality and effective housing supply with suitable location and balanced employment and housing, alleviating the supply-demand contradiction of housing in super large and super large cities, and promoting the stable and healthy development of the real estate market.
![The transformation of urban villages is closely integrated with the construction of affordable housing in mega cities](https://a5qu.com/upload/images/7ed3556ff33fb27b6c730d75fd329937.jpg)
Since the beginning of this year, the central government has repeatedly mentioned the issue of urban village renovation. According to the seventh national population census data, there are 7 mega cities and 14 mega cities in China. As of now, cities such as Guangzhou, Shenzhen, Hangzhou, and Qingdao have successively issued detailed requirements or supportive policies for the transformation of urban villages in 2023. In the eyes of industry insiders, this renovation is different from the past, as it will break away from the model of large-scale demolition and construction, and will not "rush forward". Instead, it will rely more on the close combination of market funds and affordable housing construction.