多地发力部署高质量开展城市更新 专家表示应建立可持续投融资模式

Core Viewpoint - The recent national housing and urban-rural construction work conference emphasizes the importance of high-quality urban renewal as a key task for modernizing urban development, with a focus on sustainable financing and optimizing project operations [1][2]. Group 1: Urban Renewal Strategy - High-quality urban renewal will prioritize urban structure optimization, functional improvement, and cultural continuity, shifting from mere renovation to systematic governance [2]. - Urban renewal is seen as a crucial driver for expanding domestic demand and transforming the real estate development model [2]. - The integration of urban renewal with the revitalization of existing land and properties is expected to stabilize the real estate market [2]. Group 2: Financing Mechanisms - A sustainable financing model is necessary for high-quality urban renewal, with government bonds currently being a primary funding source [3]. - Various local governments are exploring the issuance of special bonds to support eligible urban renewal projects [3][4]. - The establishment of a multi-party funding mechanism is recommended, involving government guidance, market operations, and societal participation [3][4]. Group 3: Policy Support and Implementation - Recent policies have been introduced to promote diversified financing models for urban renewal, including the use of REITs for infrastructure [4]. - Local governments are incorporating urban renewal into their 14th Five-Year Plans, focusing on historical preservation, digital transformation, and ecological construction [6]. - The "Four Good" construction approach aims to enhance living quality through comprehensive urban renewal efforts [6]. Group 4: Consumer Engagement and Project Viability - To stimulate consumer potential, innovative commercial facility operation mechanisms are necessary, including the integration of services for the elderly and children [7]. - Projects with stable revenue, such as parking facilities and cultural tourism, could explore issuing project revenue bonds to ensure financial sustainability [7]. - A strategy of bundling public utility upgrades with revenue-generating projects is suggested to enhance financing feasibility [7].