在今天召开的商务部专题新闻发布会上，相关负责人表示，将细化摸底调查，及时掌握存量商业用房底 数，并支持存量空间盘活优化，促进实体商业发展。 自然资源部相关负责人表示，目前，已部署在城市国土空间监测工作中，在全国297个地级及以上城市 的城区监测范围内，采集零售商业场所等的空间位置、占地范围等内容，形成监测数据，为地方开展规 划正向优化、商业用地调控提供数据支撑。 在指导地方编制实施国土空间规划中，鼓励商业、餐饮、休闲等商业功能与居住功能适度混合，打造15 分钟社区生活圈，进一步优化商业用地的规模、结构和布局。 自然资源部国土空间规划局副局长李亮：对于利用存量商业用房和土地资源发展新业态、创新商业模 式、开展线上线下融合业务以及建设电子商务快递物流项目，利用商业、办公等存量房屋举办养老机 构，闲置商业用房作必要改造用于举办医疗机构等情形，可享受过渡期支持政策，在5年内按原用途和 权利类型使用土地。 （文章来源：央视新闻） ...

Domestic Macro Policy - The central government is focusing on the formulation of the 15th Five-Year Plan, emphasizing long-term strategic adjustments to macroeconomic policies rather than short-term gains[4] - The National Development and Reform Commission (NDRC) announced a new policy financial tool worth CNY 500 billion to support effective investment[5] - The People's Bank of China (PBOC) is shifting its monetary policy focus from "implementation" to "execution," aiming for a moderately loose monetary policy[8] Infrastructure and Industry - Policies are being introduced to stabilize growth in key industries such as steel, petrochemicals, and machinery, with an emphasis on capacity reduction[6] - The steel industry aims for an average annual growth of around 4% in value added over the next two years[7] Real Estate Policy - Cities like Guangzhou and Wuhan are implementing measures to optimize land use and stimulate demand, including interest subsidies for home loans[9] - The focus is on utilizing existing urban land effectively as China enters a "stock era" in urban development[9] Trade Relations - The U.S.-China trade conflict is escalating, with the U.S. imposing a 100% tariff on Chinese products starting November 1, 2025[12] - China has responded with export controls on rare earth technologies, affecting various critical sectors[11] Overseas Macro Policy - The U.S. government is facing a shutdown due to funding issues, impacting federal employees and public services[15] - The Federal Reserve's future interest rate decisions remain uncertain, with discussions around potential rate cuts to address labor market concerns[16] Market Trends - In the first week of October, major overseas stock indices, including the S&P 500 and Nasdaq, experienced declines of approximately 2.43% and 2.53%, respectively[18] - Gold prices continued to rise, with COMEX gold reaching USD 3,986.20 per ounce, reflecting a 2.68% increase[19] Risk Factors - There is a risk of divergence in domestic and international monetary policies, with domestic policy execution potentially falling short of expectations[20]

Core Points - The Ministry of Natural Resources has released the "Guidelines for Revitalizing and Optimizing Urban Stock Space Planning" to strengthen the institutional support for the redevelopment of inefficient land [1][2] - The guidelines emphasize that revitalizing existing urban space will be a key task in future land spatial planning, moving away from large-scale demolition and construction to better utilize existing land [1] - The guidelines provide technical standards focused on stock revitalization, outlining principles for local governments to follow in urban space optimization [1] - The guidelines advocate for a layered and dynamic approach to detailed land spatial planning, allowing for flexibility and adjustments based on actual conditions [1] - The Director of the Land Spatial Planning Bureau highlighted that the guidelines innovate the planning mechanism, balancing rigidity and flexibility to address the challenges of revitalizing existing projects [1] Summary by Sections - **Guidelines Purpose** - The guidelines clarify what needs to be done and how, establishing goals, principles, and pathways for local activities [2] - **Implementation Strategy** - The guidelines suggest setting baseline requirements and overall directions in planning, followed by specific requirements that can be dynamically adjusted [1] - **Innovative Planning Mechanism** - The guidelines aim to balance certainty and uncertainty in planning, addressing the characteristics of projects that are widespread and have long implementation cycles [1]

Core Viewpoint - The article discusses the relationship between urbanization and the real estate market in China, highlighting that the country is transitioning from a phase of rapid growth to one of high-quality development, which will impact real estate dynamics [1][2]. Group 1: Urbanization Trends - China's urbanization rate has surpassed 67%, indicating a shift towards optimizing existing urban space rather than expanding [1]. - The urbanization rate is expected to reach 70% by 2025, marking the transition to a later stage of rapid development, where real estate focuses on quality and structural optimization rather than mere scale [1][2]. - The population distribution is increasingly concentrated in urban and eastern regions, with ongoing improvements in population quality, transitioning from a "demographic dividend" to a "talent dividend" [2]. Group 2: Real Estate Market Dynamics - The real estate sector is gradually achieving supply-demand balance and structural optimization under supportive policies, despite the perception that significant growth potential remains [2]. - In cities like Beijing, with an urbanization rate of 88%, real estate development has shifted from expansion to enhancing existing stock [2]. - The report indicates that while there is a rigid demand for housing from the 300 million migrant workers, the actual purchasing power and willingness to settle in cities remain low [3]. Group 3: Housing Policy Recommendations - There is a need for multi-channel solutions to address the housing demands of the urbanizing population, particularly for those with stable employment [4]. - Policies should encourage the inclusion of agricultural migrants in housing support programs, providing rental and purchase subsidies to facilitate their integration into urban life [4]. - Ensuring access to basic public services such as education, healthcare, and pensions for migrants is crucial to encourage them to settle in cities and purchase homes [4].

Core Viewpoint - Beijing's urbanization rate has reached 88%, marking a shift from extensive expansion to quality improvement and efficiency enhancement in urban development [1] Group 1: Urban Development Strategy - The Central Urban Work Conference in July indicated that urbanization in China is transitioning from a rapid growth phase to a stable development phase, focusing on optimizing existing urban spaces rather than large-scale expansion [1] - The Beijing Municipal Planning and Natural Resources Committee is actively promoting detailed planning reforms, dividing approximately 3,563 square kilometers of urban land into 1,371 planning blocks to enhance urban renewal [1] Group 2: Guidelines for Space Optimization - The Ministry of Natural Resources has developed the "Guidelines for the Revitalization and Optimization of Urban Stock Space," emphasizing the importance of optimizing existing spaces as a continuous task in urban planning [2] - The guidelines aim to integrate various spatial resources across urban and rural areas, enhancing the potential of existing spaces and promoting diverse value regeneration [2] Group 3: Planning Mechanisms - The guidelines establish a layered planning mechanism that clarifies the objectives and requirements for different levels of land use planning, ensuring that project implementation aligns with planning intentions [3] - A dynamic maintenance mechanism for detailed planning has been introduced, allowing for adaptive modifications based on ongoing assessments of existing spaces [3]