Core Viewpoint - The Ministry of Natural Resources has released the "Guidelines for Revitalizing and Optimizing Urban Stock Space," emphasizing the importance of optimizing existing urban land use as a key task in future land spatial planning [1] Group 1: Urban Development Strategy - The guidelines indicate a shift in urban development from large-scale demolition and construction to effectively utilizing existing land resources [1] - The guidelines serve as the first technical standard focused on stock revitalization within the national land spatial planning system [1] Group 2: Planning Principles and Techniques - The guidelines outline principles that local governments should follow when optimizing urban stock space, providing specific technical guidance to address challenges in stock governance [1] - It emphasizes a layered and dynamic approach to detailed spatial planning, allowing for initial baseline requirements and overall direction, with flexibility for adjustments based on real conditions [1] Group 3: Innovation in Planning Mechanism - The guidelines innovate the detailed planning mechanism to better balance rigidity and flexibility, addressing the characteristics of projects in the stock enhancement phase, which are often widespread and long-term [1] - This approach aims to avoid issues seen in traditional detailed planning, which tends to be overly rigid and lacks flexibility [1]

自然资源部近日审议通过了《城市存量空间盘活优化规划指南》（以下简称《指南》），填补了城市存 量空间如何编制规划的技术标准空白。 过去，因实际情况的不断变化，规划可能存在实施之时即是修改之日及刚性有余、弹性不足等问题。此 次《指南》实行动态编制，以应对存量提质增效阶段项目面广点散、推动周期长的特点。北京市规划和 自然资源委副主任杨浚表示，为实现动态编制，北京将原来折叠起来的规划在时间维度拉开并在深化过 程中根据更新治理需求精准匹配空间要素资源，引导实现要素跟着项目走，项目跟着规划走。 此外，《指南》建立了分类修改详细规划的动态维护机制。通过明确各类调整适用情形，同时将成果纳 入"一张图"系统，实现审批结果的全域协同与实时更新。 （文章来源：经济日报） 她表示，城市内部存量空间的盘活优化，本质上是城市空间、权力与利益的再分配，较以往的大规模增 量扩张具有权利关系复杂、空间环境多样和实施主体多元的特征，不仅是空间利用形式的改变，更是经 济社会结构的重构。单一的专项规划难以应对，需要国土空间规划体系的整体协同转型。 据了解，《指南》强化了规划目标分层有效传导机制，通过建立并强化逐级传导、层层统筹的机制，可 以使项目的 ...

Core Insights - The "Guidelines for Revitalizing and Optimizing Urban Stock Space" have been approved, aiming to enhance urban space utilization and economic vitality as urbanization in China exceeds 67% [1] - The revitalization of urban stock space involves various practices such as dealing with idle land, redeveloping inefficient land, and transforming old towns and factories, focusing on redistributing space, power, and interests [1] - The initiative will expand from urban areas to encompass the entire land space, integrating various spatial resources and promoting multi-value regeneration [1] Group 1 - The importance of optimizing existing urban stock space is highlighted as a key task in national land space planning [2] - Examples from cities like Shanghai, Guangzhou, and Beijing illustrate the implementation of planning systems that incorporate stock space revitalization [2] - Beijing has initiated detailed planning reforms to transition from expansion to quality enhancement, focusing on urban renewal and improving living standards [3] Group 2 - Beijing's urbanization rate has reached 88%, marking a shift towards enhancing existing urban spaces [3] - The city plans to divide its urban area into 1,371 planning blocks to facilitate targeted and phased planning [3] - The approach aims to match spatial resources with urban renewal needs effectively [3]

Group 1 - The revenue from the transfer of state-owned land use rights in the first eight months of the year reached 1.93 trillion yuan, reflecting a 4.7% year-on-year decline, indicating pressure on local finances amid adjustments in the land market [1] - The central government budget revenue increased by 0.6% year-on-year, while local government budget revenue decreased by 1.6%, highlighting the need for the government to seek new sources of revenue growth [1] Group 2 - The urbanization rate in China has surpassed 67%, with over 70% of urban development occurring within existing space, prompting the release of guidelines for optimizing urban stock space [2] - The guidelines aim to activate spatial potential and integrate policy resources, aligning with the shift towards high-quality economic development and enhancing urban competitiveness [2] Group 3 - *ST Nanguo (Nanguo Real Estate) plans to transfer real estate assets and liabilities to a related party for 1 yuan, involving 17 equity assets and 133.57 billion yuan in debt, aiming to divest from loss-making real estate operations [3] - This move represents a typical self-rescue transformation in the industry, potentially leading to similar actions by other companies facing challenges [3] Group 4 - Country Garden is negotiating a new repayment plan with investors, with seven bonds set to be suspended from trading starting September 19, 2025, as part of efforts to alleviate financial pressure and optimize debt structure [4] - The new plan, if implemented, could help ease short-term repayment pressures and support ongoing operations [4] Group 5 - Vanke announced a significant organizational restructuring, shifting from a three-tier management model to a two-tier model, resulting in the dissolution of regional companies and the establishment of 16 city companies directly managed by the headquarters [5] - This strategic move aims to enhance operational efficiency and adaptability in response to increasing market competition and industry concentration [5]

Core Insights - The "Guidelines for Revitalizing and Optimizing Urban Stock Space" have been approved, aiming to enhance urban space utilization and economic vitality as urbanization in China surpasses 67% [1][2] Group 1: Background and Objectives - The current urbanization rate in China has exceeded 67%, with over 70% of urban development occurring within existing stock space [1] - The revitalization of urban stock space focuses on improving functional structures, optimizing spatial layouts, and enhancing urban quality, which includes the disposal of idle land, redevelopment of inefficient land, and the transformation of old towns and factories [1][2] Group 2: Implementation and Planning - The revitalization process is characterized by complex relationships of rights and interests, differing from previous large-scale expansions, and will extend from urban areas to the entire land space [1][2] - Various cities, such as Shanghai, Guangzhou, and Beijing, are implementing adaptive planning systems to manage and optimize existing urban spaces effectively [2][3] Group 3: Case Studies and Examples - Beijing has transitioned from expansion to quality improvement in urban development, with a focus on revitalizing stock space as a key aspect of its overall urban planning [3] - The city has restructured its planning approach by dividing its urban area into 1,371 planning districts, allowing for phased and demand-driven planning [3]

Core Insights - The article discusses the launch of the "Urban Stock Space Activation and Optimization Planning Guide" by the Ministry of Natural Resources in China, highlighting the shift from large-scale urban expansion to optimizing existing urban spaces [1][2]. Group 1: Urban Space Optimization - The concept of urban stock space optimization includes various practices such as handling idle land, redeveloping inefficient land, comprehensive rectification of construction land, and revitalizing old towns while preserving historical culture [1]. - The optimization of internal urban stock space is characterized by a complex redistribution of space, power, and interests, differing from previous large-scale expansion efforts [1]. Group 2: City-Specific Strategies - Beijing's approach involves a phased planning strategy that divides its urban area of approximately 3,563 square kilometers into 1,371 planning blocks, allowing for demand-driven planning over time [1]. - Shanghai has implemented a professional team mechanism consisting of "responsibility planners, architects, and evaluators" to enhance planning and execution in urban renewal projects [2]. - Guangzhou has introduced local regulations for urban village renovation, focusing on protecting residents' rights and promoting industrial upgrades, successfully resolving long-standing issues in urban renewal [2]. Group 3: Regional Characteristics - Wuhan leverages its unique "City of Hundred Lakes" identity to integrate ecological, functional, and transportation aspects into its urban planning [3]. - Huizhou, known for the "Two Mountains Theory," is developing green corridors and pocket parks to enhance urban livability [3]. - Quanzhou has restored 9.81 kilometers of coastline and addressed land use issues by reclaiming 13,900 acres of historically filled coastal areas [3].