齐鲁晚报·齐鲁壹点记者 王皇 9月24日，记者从山东省政府新闻办举行的省政府政策例行吹风会现场了解到，中共山东省委办公厅 山东省人民政府办公厅《关于持续推进城市更新行动的 实施意见》（以下简称《实施意见》）日前印发实施。山东省住房和城乡建设厅党组书记任海涛介绍，《实施意见》包括5个部分17条内容，围绕城市更新 干什么、怎么干、钱从哪来、谁来干提出，并支持探索多种供地方式、创新项目实施模式等。 在引导多方参与方面，鼓励产权人积极参与，享受更新带来的经济收益、生活便利，政府给予政策扶持。支持开发企业、施工企业、规划设计企业等转型参 与，从提供短期的工程建设服务，向提供长期的全链条运营服务转变。引导咨询、法律等服务机构提前介入、深度参与，依法专业开展更新，细致做好群众 工作。 在创新实施模式方面，围绕项目决策生成，一体化推进城市体检和城市更新，梳理安排好项目建设轻重缓急和实施次序。围绕项目实施流程，提出策划、融 资、设计、建设、运营一体化解决方案。围绕项目资金平衡，探索跨区域平衡、多项目捆绑平衡、近远期平衡、建设运营平衡等模式，合理搭配，统筹更新 片区内资源配置和产出效益。 当前，我国城镇化正从快速增长期转向稳定发 ...

齐鲁晚报·齐鲁壹点记者 王皇 9月24日，记者从山东省政府新闻办举行的省政府政策例行吹风会现场了解到，中共山东省委办公厅 山东省人民政府办公厅《关于持续推进城市更新行动的 实施意见》（以下简称《实施意见》）日前印发实施。在吹风会现场，山东省住房和城乡建设厅党组书记任海涛表示，山东将编制《山东省"十五五"城市更 新行动规划》，推动济南、青岛等设区市出台城市更新条例，搭建政银企沟通平台，建立常态化项目对接机制。 5 82 李新闲 任海涛表示，山东省住房和城乡建设厅将会同有关部门，健全政策规划体系。编制《山东省"十五五"城市更新行动规划》，研究分析城市更新实施现状，明 确未来五年城市更新的目标、指标和工程项目。制定省城市更新指引，涵盖谋划生成项目、申请支持资金、享受税费优惠、高效办理审批等内容，加强流程 引导和分类指导，为地方实操提供"工具箱"。推动济南、青岛等设区市出台城市更新条例，界定城市更新内涵外延，明确职责分工，固化有效制度，加强权 益保障，推动更新行动在法治轨道上开展。 增强系统性持续性。广泛开展城市体检，从住房、小区（社区）、街区、城区（城市）四个维度查找影响城市发展和群众生产生活的问题。制定实施城市更 ...

齐鲁晚报·齐鲁壹点记者 王皇 9月24日，记者从山东省政府新闻办举行的省政府政策例行吹风会现场了解到，中共山东省委办公厅 山东省人民政府办公厅《关于持续推进城市更新行动的 实施意见》（以下简称《实施意见》）日前印发实施。《实施意见》聚焦解决人民急难愁盼问题，围绕建设创新、宜居、美丽、韧性、文明、智慧的现代化 人民城市目标，部署了五大重点任务。 5 82 李新闲 实施片区综合改造。明确城市更新重点片区，谋划实施老旧街区、老旧厂区、城中村等重点工程，"留、改、拆"并举，统筹资源、一体设计、分步实施。改 造整治老旧小区老化管线，支持有条件的楼栋加装电梯，完善停车、充电、消防、通信等配套设施。持续推进既有居住建筑和公共建筑节能改造以及无障 碍、适老化、适儿化等改造。从城区到小区再到住房，在不同维度上提出任务要求，不断提升城市宜居性。 加强基础设施建设。完善"快""慢""停"等复合一体、换乘便捷的城市交通网络，促进交通设施供给和更新强度相匹配，推进职住平衡。持续排查整治城市各 类基础设施安全隐患，统筹实施燃气热力、供排水等建设改造，加快城市基础设施生命线安全工程建设，打造基础数据平台。深入开展建筑垃圾常态化整 治、生活 ...

"这个卧室，老人住这儿能晒太阳；孩子房间摆书桌刚好……"9月23日，"自贸筑梦·临春安居"吉阳区临春村安置区一期选房仪式现场，首名选房人、临春社 区致富带头人李亚超攥着选房确认单，这套123㎡的三居室，是他盼了许久的"幸福港湾"。 当天上午9时许，临春村安置区（一期）选房现场已人头攒动。签到摇号区前，居民们按顺序出示相关材料，工作人员逐一核实信息、发放选房姓名贴，三 亚市凤凰公证处的公证员全程站在旁侧进行监督记录，确保公平公正。 "临春村安置区是三亚城市更新的重点项目，不仅能改善村民居住条件，还能推动片区配套升级。"三亚市吉阳区相关负责人介绍，后续将加快推进房屋交付 流程，确保安置工作顺利完成，为居民铺就安居"最后一公里"。（来源：中共三亚市吉阳区委宣传部） "从签到到抽号，每一步都有人盯着，咱老百姓放心！"前来选房的居民陈先生说，他提前半小时就到了现场，非常激动，希望早点能住上新家。 据悉，本次安置房总建筑面积达111456㎡，共有1—13栋楼作为安置房源，户型涵盖一房至三房多种格局，共计1056套。其中，60㎡户型有148套、85㎡户型 210套、118㎡户型202套、120㎡户型138套、123㎡户型2 ...

Investment Rating - The report rates the real estate sector as "Outperform the Market" [5] Core Insights - New home transaction area has turned positive on a month-on-month basis, with a year-on-year increase expanding. The transaction area for new homes reached 1.87 million square meters, up 11.8% month-on-month and 25.8% year-on-year, with a significant increase in year-on-year growth by 20.6 percentage points [5][15][24] - The Shanghai government has optimized the property tax policy for non-resident buyers, allowing for a tax exemption on 60 square meters per person for families purchasing second or more homes, effective from January 1, 2025 [1] Summary by Sections 1. Key City New Home Market, Second-Hand Home Market, and Inventory Tracking - In the week of September 13 to September 19, 2025, the new home transaction area increased month-on-month, while the second-hand home transaction area decreased month-on-month. The inventory area for new homes increased month-on-month, and the de-stocking cycle rose [15] - New home transaction volume in 40 cities was 19,000 units, up 12.8% month-on-month and 37.8% year-on-year. The new home transaction area was 1.87 million square meters, with similar increases [16][24] - The inventory of new homes in 12 cities was 1.404 million units, with a month-on-month increase of 0.5% and a year-on-year decrease of 15.0% [27][39] 2. Land Market Tracking - The total land transaction area across 100 cities was 1.115 million square meters, down 10.9% month-on-month and 39.5% year-on-year. The total land transaction price was 14.33 billion yuan, down 49.1% month-on-month and 73.1% year-on-year [60][64] - The average land price per square meter was 1,289.5 yuan, with a month-on-month decrease of 42.9% and a year-on-year decrease of 55.5% [61][66] 3. Company Announcements and Bond Issuance - The total bond issuance in the real estate sector was 8.71 billion yuan, up 18.9% month-on-month and 2.1% year-on-year. The total repayment amount was 15.8 billion yuan, up 43.5% month-on-month and 102.6% year-on-year [54][56] - The report highlights key companies such as Binjiang Group, China Resources Land, and Yuexiu Property as potential investment opportunities based on their market positioning and performance [5][13]

人民财讯9月24日电，近日，山东省印发《关于持续推进城市更新行动的实施意见》，针对城市更新资 金来源少、融资存在困难的问题，推动建立投入产出能平衡、政府财力能承受、项目运营能持久的可持 续融资模式，从加强政策资金扶持、积极引入社会资本、加大金融支持力度等3个方面提出具体政策措 施，在债务风险可控前提下，为城市更新赋能加力。 ...

Group 1 - The commercial real estate sector is facing unprecedented challenges due to economic slowdown and weak consumer demand, leading to rising vacancy rates and shrinking rental negotiation space [1][2] - Historical experiences from markets like the US and Japan indicate that commercial real estate is a "slow-moving asset" that typically lags behind macroeconomic recovery, often requiring two years or more to stabilize after an economic downturn [2][3] - In China, the retail and dining sectors are experiencing the slowest recovery, with shopping center vacancy rates nearing 20%, while office buildings and hotels are rebounding faster due to the resumption of business activities [2][3] Group 2 - State-owned enterprises (SOEs) are deemed essential for urban renewal projects due to their ability to handle large-scale funding and long-term investment cycles, providing necessary stability during economic uncertainty [2][3] - The role of SOEs is not seen as excessive intervention but rather as a necessary responsibility to support urban renewal efforts [3] - The operational phase of urban renewal, which is crucial for project success, requires the flexibility and responsiveness of private enterprises, as they can adapt quickly to market changes [4][6] Group 3 - The current slow progress in urban renewal is attributed to misaligned governance structures, where operational teams are often integrated into engineering logic, hindering independent decision-making [7][8] - Data shows that companies like China Resources Land and Longfor Group have demonstrated stable revenue growth and high occupancy rates, indicating the importance of effective operational management in the current market [7][8] - The shift from ROI to NOI and cash flow metrics is necessary for evaluating the viability of projects in the current market environment [11][12] Group 4 - To resolve existing contradictions in urban renewal, adjustments are needed across five levels: organizational independence, administrative management transformation, government coordination, financial evaluation methods, and capability upgrades [8][9][11] - A clear division of responsibilities is essential, with SOEs providing a safety net, private enterprises driving innovation, and government facilitating coordination to enhance overall urban asset efficiency [13]

Core Viewpoint - The issue of parking difficulties in urban areas is exacerbated by the underutilization of mechanical parking spaces, which are often left idle or occupied by non-vehicle items, highlighting the need for effective management and revitalization of these facilities [1][2]. Group 1: Current Challenges - Many mechanical parking spaces are not user-friendly due to limited space and strict weight restrictions, making them unsuitable for modern vehicles [1][2]. - The lack of supporting infrastructure, such as charging stations for electric vehicles, further diminishes the appeal of mechanical parking [1]. - High construction costs of mechanical parking facilities are wasted when they do not meet actual demand, leading to them being termed as "steel ornaments" [1]. Group 2: Design and Standards - The design standards for mechanical parking spaces are outdated, based on specifications from a decade ago, which do not align with current automotive industry developments [2][3]. - Some developers have been negligent in the installation of mechanical parking spaces, resulting in poor functionality [2]. Group 3: Revitalization Efforts - Urban renewal initiatives are focusing on revitalizing idle resources, including the renovation of mechanical parking spaces [2]. - To effectively "awaken" these spaces, local governments need to create favorable conditions regarding land, funding, and policies, and explore innovative mechanisms such as public-private partnerships [2]. Group 4: Future Directions - Expanding the capacity of mechanical parking spaces and enhancing basic infrastructure like charging stations are essential for meeting user needs [3]. - Implementing smart technology for management and operation of mechanical parking can significantly improve user experience [3]. - Updating design standards to reflect current vehicle requirements is crucial for ensuring the practicality of mechanical parking spaces [3].

Group 1: National Innovation Capacity - During the "14th Five-Year Plan" period, China's technological innovation capability has steadily improved, with total R&D investment exceeding 3.6 trillion yuan in 2024, a 48% increase from 2020 [1] - Basic research funding reached 249.7 billion yuan, over 70% growth compared to 2020, leading to significant original achievements in fields like quantum technology and life sciences [1] - The national comprehensive innovation capability ranking improved from 14th in 2020 to 10th in 2024, with the Shenzhen-Hong Kong-Guangzhou cluster ranking first globally in innovation [1] Group 2: Regional Innovation Policies - The Shenzhen-Hong Kong-Guangzhou cluster is expected to surpass the Tokyo-Yokohama cluster by 2025, driven by increased research capabilities and active venture capital transactions [2] - Local governments should tailor industrial policies to their unique industrial backgrounds, as seen in Shenzhen's focus on advanced manufacturing and Hangzhou's emphasis on digital industries [2][3] - The importance of aligning public policies with innovation policies to support the cultivation of innovation capabilities is emphasized [3] Group 3: Role of Higher Education Institutions - Universities need time to develop their innovative capabilities, with a focus on long-term cultivation and collaboration with industries [5] - Open resource sharing and a diversified evaluation system for professors are recommended to enhance collaboration between universities and enterprises [5] - The establishment of "university park" ecosystems around universities is suggested to promote innovation and entrepreneurship [5] Group 4: Successful Business Models - The success of companies like Shein is attributed to continuous iteration of production processes and a fully digitalized operation model that reduces waste and enhances efficiency [6] - Investment in training for industry personnel and a digitalized incentive mechanism are key factors in improving production efficiency [6] Group 5: Policy Recommendations for High-Quality Development - A shift from "incremental" urbanization to "stock" development is recommended, focusing on efficiency rather than scale expansion [7] - Encouraging the cross-regional flow of resources, including talent and technology, is essential for fostering a long-term innovative environment [7]

Group 1 - During the "14th Five-Year Plan" period, China's technological innovation capability has steadily improved, with R&D investment expected to exceed 3.6 trillion yuan in 2024, a 48% increase from 2020 [1] - Basic research funding has reached 249.7 billion yuan, over 70% growth compared to 2020, leading to significant original achievements in fields like quantum technology and life sciences [1] - The national comprehensive innovation capability ranking has improved from 14th in 2020 to 10th in 2024, with the Shenzhen-Hong Kong-Guangzhou cluster ranking first among global innovation clusters [1] Group 2 - The Shenzhen-Hong Kong-Guangzhou cluster is expected to surpass the Tokyo-Yokohama cluster in international patent applications and research paper publications by 2025, driven by enhanced research capabilities [2] - The Greater Bay Area focuses on the industrialization of scientific achievements, relying on foundational research from institutions in Beijing and Shanghai [2][3] - Local governments should tailor industrial policies to their unique industrial ecosystems, ensuring alignment with local development needs [3] Group 3 - Universities play a crucial role in innovation ecosystems, requiring time to develop their capabilities, as seen in Hefei's success linked to its universities [4][5] - Collaboration between universities and enterprises should involve resource sharing and a shift in evaluation systems to encourage diverse contributions from professors [5] - The establishment of "university park" ecosystems around universities can foster innovation and entrepreneurship, creating a closed loop of knowledge creation and industrial transformation [5] Group 4 - The success of companies like Shein is attributed to continuous technological iteration and a fully digitalized operation model that enhances efficiency and reduces waste [6] - Shein's business model integrates design, production, and sales, allowing for flexible production based on real-time demand, significantly lowering inventory costs [6] - Investment in training and a digital incentive mechanism for the workforce has improved production efficiency and profitability across the supply chain [6] Group 5 - Policy recommendations for the "15th Five-Year Plan" include shifting focus from "incremental" urbanization to "stock" development, enhancing productivity through efficiency rather than scale [7] - Encouraging the cross-regional flow of resources, including talent and technology, is essential for fostering a long-term innovative environment [7] - Establishing a unified platform for efficient utilization of idle resources can enhance overall productivity and economic output [7]