时隔十年，重磅会议再度召开，释放了哪些信号？

Core Viewpoint - The Central Urban Work Conference marks a significant shift in China's urban development strategy, transitioning from rapid growth to stable development, emphasizing urban renewal and quality improvement in real estate [1][2][9] Group 1: Urban Development Strategy - The conference highlights the importance of urban renewal as a key strategy for high-quality urban development, aiming to create modern, resilient, and livable cities [2][4] - The focus is on optimizing urban structures, enhancing quality, and promoting green transformation, while ensuring urban safety [2][7] Group 2: Real Estate Market Implications - Urban renewal is expected to stimulate both supply and demand in the real estate market, with potential support from government initiatives such as special bonds and REITs [3][4] - The emphasis on constructing a new real estate development model reflects a shift towards quality competition rather than mere scale expansion, with a focus on green building standards and improved housing quality [5][9] Group 3: Policy and Implementation - The conference calls for local governments to prioritize urban renewal, which is anticipated to lead to more supportive policies and encourage diverse participation in urban development [4][5] - The ongoing efforts in the renovation of urban villages and dilapidated housing are seen as critical to revitalizing the real estate market and addressing housing needs [8] Group 4: Future Outlook - The systematic deployment of urban development strategies aims to achieve a balance between supply and demand in the real estate market, with expectations of stabilizing housing prices [9] - Future competition among real estate companies is likely to focus on green technology, operational capabilities, and deep regional engagement [9]