新房子建成好房子，老房子改成好房子

Core Insights - The "14th Five-Year Plan" period has seen significant improvements in housing conditions, urban living environments, and the transformation of the construction industry in China [3][4][5] Housing Supply and Demand - A multi-tiered housing security system has been established, including public rental housing and affordable housing, benefiting over 30 million people with the construction of more than 11 million housing units [4] - Policies to support home purchases have been enhanced, including lowering down payment ratios and interest rates, resulting in approximately 5 billion square meters of new residential sales during the "14th Five-Year Plan" [5] - Over 7.5 million previously sold but undelivered homes have been successfully delivered [5] Urban Development and Infrastructure - The renovation of old urban communities has improved living quality for over 110 million residents, with more than 240,000 old communities renovated [5] - Historical building protection initiatives have been implemented in over 70 cities, enhancing urban aesthetics and preserving cultural heritage [6] Construction Industry Growth - The construction industry is projected to reach a value of 32.7 trillion yuan by 2024, marking a 24% increase from 2020 [7] - Significant infrastructure projects have been completed, including 154 billion square meters of construction and extensive road and rail networks [7] Real Estate Reform and Development - The government is reforming the real estate sector to adapt to changing market dynamics, focusing on a new development model that balances market forces with government support [9] - A new mechanism for coordinating real estate financing has been established, with over 7 trillion yuan in loan approvals for "white list" projects [9] Technological Advancements - The construction sector is advancing in technology, focusing on green, smart, and efficient building practices, with significant breakthroughs in various technical fields [10] - The integration of new technologies, such as urban information models, is enhancing urban management and service delivery [10]