Group 1 - The core viewpoint of the articles emphasizes the successful completion of 45 livelihood projects in Jiangsu Province, enhancing social security and public service systems, thereby increasing the sense of gain, happiness, and security among the people [1][2][3] - In the transportation sector, 1,400 kilometers of rural roads were newly constructed or renovated, and 330 rural bridges were upgraded, improving accessibility and safety for rural residents [1] - In housing, 771 old residential communities were renovated, and government subsidies were provided for the replacement of elevators over 15 years old, ensuring safety upgrades at minimal cost to residents [1] Group 2 - Employment support was enhanced with 349 standardized employment service stations optimized, and 25 "Suqing Stations" provided free accommodation and policy packages for job-seeking youth, facilitating closer job access [2] - In education, 30 ordinary high schools were newly built or expanded, and 224 standardized psychological counseling rooms were established in junior high schools, reflecting tangible improvements in educational quality [2] - Healthcare services saw the completion of 13 county-level maternal and child health hospitals, with HPV vaccination coverage exceeding the 2025 target, allowing residents to access quality medical services locally [2] Group 3 - The development approach in Jiangsu is characterized by a systematic work framework that ensures projects are based on community needs, with financial support increasing by 858 million yuan for university dormitory renovations and special funds for HPV vaccine supply [3] - The methodology of "asking the people for needs, advice, and effectiveness" allows for continuous optimization of livelihood projects, addressing immediate concerns while focusing on long-term development [3] - The comprehensive completion of livelihood projects reflects a harmonious relationship between individual household well-being and broader societal development, indicating a commitment to enhancing public service levels and social security systems [3]

沈阳市委宣传部 制图：张芳曼 加快推进城市更新，改造提升老旧小区、老旧厂区、老旧街区和城中村等存量片区功能，推进老旧楼宇 改造，积极扩建新建停车场、充电桩。 ——摘自"十五五"规划建议 "我也算是住上电梯房了，别提有多方便了！"在辽宁省沈阳市铁西区实久花园小区，78岁的居民刘桂兰 对新加装的电梯赞不绝口。 老旧小区没电梯，"买菜扛不动、看病下不来"成了居民的心病。瞄准民生痛点，"十四五"时期，沈阳累 计加装、更新电梯1600多部，受益居民达11万余人。 作为老工业城市，沈阳建城时间早、城镇化率高，在城市发展过程中面临公共设施老化、功能配套不 足、城市绿化品质不高等问题。 2025年1月，习近平总书记在沈阳考察时指出，"城市更新要因地制宜，同社区建设结合起来，一切着眼 于便民、利民、安民，特别要更好地关心呵护'一老一小'。" ——摘自"十四五"规划纲要 坚持城市内涵式发展，大力实施城市更新，建设创新、宜居、美丽、韧性、文明、智慧的现代化人民城 市。 如何以城市更新为抓手，探索一条内涵式发展新路？沈阳以实际行动，将人民城市理念落细落实。 补齐民生短板，生活更舒心 "外墙新做保温、管网重新铺设、楼梯间加装扶手，废弃 ...

转自：贵州日报 本报讯（记者 陈露）近日，记者从全省城市更新项目谋划工作推进会上获悉，"十四五"时期，贵州改 造老旧小区78.68万户、棚户区47.05万户，建设改造地下管网2.2万公里，改造背街小巷5667条；开工城 市危旧房改造1.61万套；实施城中村改造4.82万户，新开工安置房4.1万套。 此外，完成6片老旧街区（厂区）改造提升，项目实施丰富了街区业态、拓宽了消费渠道、激发了内生 动力，如花溪十字街片区，更新30条小巷，带火小巷里的小店经济；南明区青云路片区，改造后仅2025 年1至7月，实现总客流量1064万人次、总销售额4.3亿元。 同时，改造断头路139条，新增城市道路1265公里，城市建成区路网密度达8.8公里/平方公里，新增公 共停车位15万个；城市建成区黑臭水体全部完成治理；建成区绿地面积增加1万公顷，人均公园绿地面 积达17.33平方米，高于全国平均水平。 近年来，贵州实施"片区+项目"推进机制，各地积极探索实施了一批项目，同时通过对项目谋划、实 施、运营管理等方面的经验做法进行总结，得到住房城乡建设部认可并在全国推广。目前，贵州省3个 城市更新项目和8项做法入选住房城乡建设部典型案例或 ...

Core Insights - The comprehensive renovation project of the old residential community in Majia堡西里 has entered a fast-paced construction phase, with 287 old community renovations initiated in Fengtai District during the 14th Five-Year Plan period, benefiting 53,123 households [1][3] Group 1: Project Overview - The Majia堡西里 community, built many years ago, faces issues such as aging public facilities and insufficient energy efficiency, prompting the need for comprehensive renovation [1] - The renovation involves 33 residential buildings, including 8 high-rise and 25 low-rise buildings, with over 110,000 square meters of outdoor environment upgraded, benefiting 4,378 households [1][3] Group 2: Construction Strategy - Since the official start in late September, the construction has employed a "parallel operation method" to minimize disruption to residents while ensuring progress, synchronizing multiple processes such as exterior wall insulation, interior wall renovation, window replacement, and weak current transformation [3] - To address the challenges posed by low winter temperatures and limited effective construction time, the project has optimized the formulations for mortar and exterior wall coatings, implementing a strategy of "first the shaded side, then the sunny side" to maximize daytime work [3] Group 3: Progress and Metrics - As of the end of October, Fengtai District has initiated 140 new old community renovation projects this year, covering a total building area of 4.03 million square meters [3] - In the 14th Five-Year Plan period, Fengtai District has commenced 287 old community renovations, totaling 9.19 million square meters, with 112 communities completed, amounting to a renovation area of 3.325 million square meters [3]

Core Points - The event held in Hai Ling District focuses on urban renewal and aims to transform the area into a modern, livable, and resilient city during the 14th Five-Year Plan period [1][3][4] Group 1: Urban Renewal Initiatives - The district prioritizes improving living conditions and enhancing residential quality as the main tasks of urban renewal, with a goal of covering all old residential areas [3] - Over the past five years, 50,000 households have benefited from the renovation of old residential communities [3] - The district has implemented an innovative "housing voucher" policy for property acquisition, issuing 266 vouchers and facilitating the purchase of 265 homes [3] Group 2: Cultural Heritage Preservation - The district emphasizes the protection of historical architecture and urban fabric, adhering to a "small-scale, incremental" urban renewal approach [3] - Eight old streets and ten roads have been upgraded while preserving the original community and street characteristics [3] - The district promotes community-driven updates and repairs through a "community discussion system," shifting from passive protection to active co-construction [3][4] Group 3: Ecological Development - The district prioritizes ecological and green development, focusing on water environment governance, urban greening, and pollution control [4] - Initiatives include water management, urban greening, and stringent air quality measures [4] - The district aims to enhance urban-rural infrastructure integration to support industrial development [4] Group 4: Future Development Goals - Looking ahead to the 15th Five-Year Plan, the district aims to emphasize high-quality and intrinsic development, striving to renew the cultural ancient city and create a new model of urban-rural integration [4]

Core Insights - The article emphasizes the importance of urban renewal and the implementation of innovative measures in Guangzhou to transform old residential buildings into improved living spaces [1] Urban Renewal Initiatives - Guangzhou is focusing on "in-depth urban development" as part of its 14th Five-Year Plan, promoting urban renewal through various innovative measures [1] - The city has initiated a significant self-renewal project in the Jinan Zhong Street area, which includes 25 dilapidated buildings constructed in the 1960s and 1970s [1] Resident Impact - Residents like Ms. Zeng, who have lived in these old houses for over 30 years, are benefiting from the self-renewal project, with her 65 square meter old house being replaced by an 85 square meter three-bedroom apartment [1] - The project aims to retain the familiar living environment for residents while providing them with spacious and comfortable new homes [1] Project Scale and Funding - The Jinan Zhong Street project is noted as the largest contiguous self-renewal project in Guangzhou, expected to add approximately 300 units of affordable housing upon completion [1] - Guangzhou has established a diversified funding mechanism involving contributions from residents, enterprises, and government subsidies to facilitate urban renewal [1] - To date, Guangzhou has completed the renovation of 1,257 old residential communities, benefiting 940,000 households [1]

Group 1 - The core viewpoint is the transformation of elderly care from "养老" (pension) to "享老" (enjoying old age), reflecting the improved living conditions for the elderly during the "14th Five-Year Plan" period [1] - The Ministry of Housing and Urban-Rural Development has conducted urban health checks and implemented urban renewal to enhance urban governance efficiency, with 297 cities and over 150 county-level cities participating [1] - The construction of pocket parks in Shenyang has led to the establishment of 3,198 parks, promoting a lifestyle where citizens can easily access green spaces [3] Group 2 - The "15-minute elderly service circle" in Hangzhou has upgraded community and rural dining services, enhancing the dining experience for the elderly and contributing to the silver economy [4] - Xiamen has initiated modernization projects for 108 urban villages and the renovation of 2,000 old residential communities, benefiting 300,000 households with improved infrastructure and facilities [6] - During the "14th Five-Year Plan" period, over 240,000 old urban communities have been renovated, benefiting more than 40 million households and 110 million people, with significant additions to community services and green spaces [8]

Core Viewpoint - The "14th Five-Year Plan" period has seen significant improvements in housing conditions and urban living environments in China, with a focus on high-quality development in the housing and urban construction sectors [2][3]. Housing Condition Improvements - During the "14th Five-Year Plan," approximately 50 billion square meters of new residential properties were sold, and over 11 million units of various types of affordable housing were constructed, benefiting more than 30 million people [3]. - Over 240,000 old urban residential communities were renovated, impacting more than 40 million households and 110 million individuals [3]. Urban Environment Enhancements - The installation of 129,000 elevators and the addition of over 3.4 million parking spaces and 64,000 community service facilities were completed [3]. - 840,000 kilometers of underground pipelines for water, gas, and heating were updated, and over 18,000 pocket parks and 2,500 kilometers of urban greenways were created [3]. Construction Industry Transformation - The construction industry's total output value reached 32.7 trillion yuan in 2024, with an added value of 9 trillion yuan, marking a significant increase [3]. - The modernization of the construction industry has accelerated, with notable projects like the Shenzhen-Zhongshan Channel and the Beijing Winter Olympics venues gaining international recognition [3]. Urban Renewal Achievements - The Ministry of Housing and Urban-Rural Development has implemented urban renewal actions since the 19th National Congress, focusing on addressing urgent issues faced by residents and enhancing urban competitiveness [5]. - A total of 2,387 urban village renovation projects and 175,000 units of dilapidated housing have been initiated [5]. Sustainable Urban Renewal Mechanisms - A demand-driven, project-oriented urban renewal mechanism has been established, integrating urban inspections with renewal efforts to create a closed-loop system for identifying and addressing urban issues [6]. Quality Housing Initiatives - The Ministry emphasizes the importance of good standards, design, materials, construction, and maintenance in building quality housing [8]. - New standards for residential projects have been implemented, including increased ceiling heights and mandatory elevator installations for buildings over four stories [8][9]. Community and Resident Engagement - The focus is on creating complete communities and improving living spaces through the renovation of old neighborhoods and factories, enhancing consumer experiences and entrepreneurial opportunities [5][6].

Core Insights - Wuhan is focusing on urban renewal as part of its "15th Five-Year Plan," with a roadmap for the next five years emphasizing quality improvement of existing urban areas [1][2] Group 1: Urban Renewal Achievements - Wuhan has established a Housing and Urban Renewal Bureau, becoming the first city in Hubei to do so, and has reported significant achievements in "quality improvement of existing stock" [1] - Over the past period, 1,517,000 square meters of urban villages have been transformed, and 608 old residential communities have been renovated, with a goal of covering all old residential communities built before 2000 within the year [1] - More than 50 historical buildings have been restored, with areas like Baguang House and Doujiying becoming popular tourist spots [1] Group 2: Future Urban Renewal Plans - The city plans to focus on six major actions during the "15th Five-Year Plan," including the integration of industry and city, improvement of old commercial streets, and renovation of old factory areas [2] - Emphasis will be placed on creating age-friendly environments, improving old housing, and enhancing community construction [2] - The plan includes green and low-carbon initiatives, such as the development of ecological corridors and comprehensive water system management [2] - Historical preservation efforts will involve revitalizing historical districts and creating three historical axes [2] - Digital empowerment will be a focus, with the establishment of smart charging facilities and platforms for urban renewal and old housing replacement [2]

Investment Rating - The report maintains a "Neutral" investment rating for the real estate industry, indicating a balanced outlook for future performance [1]. Core Insights - The recent Central Urban Work Conference marks a significant turning point for the real estate industry, emphasizing urban renewal as a key focus for future development [7][10]. - The industry is transitioning from an "incremental expansion" model to a "stock quality improvement" model, driven by urbanization trends and demographic changes [12][23]. - The report suggests that the real estate market is entering a "second half" phase, where the focus will shift to enhancing existing urban areas rather than expanding new developments [24][29]. Summary by Sections 1. Significance of the Central Urban Work Conference - The conference, held for the first time in ten years, provides a new direction for urban development, indicating a shift from rapid growth to stable development [7][8]. - It highlights the need for urban renewal and the transformation of development strategies to improve urban quality [10][11]. 2. Transition from "Incremental Expansion" to "Stock Quality Improvement" - The report identifies the end of the "incremental expansion" era, as urbanization approaches its peak [12][14]. - Population structure changes, including declining birth rates and an aging population, are negatively impacting housing demand [16][18]. - Market supply and demand are in a continuous decline, with significant drops in real estate sales and investment [19][20][23]. 3. Urban Renewal as a Core Strategy - Urban renewal is positioned as a critical strategy for high-quality urban development and economic growth [24][25]. - Government policies are increasingly focused on urban renewal, with substantial financial support for related projects [27][28]. 4. Accelerated Industry Cleansing in the New Model - The overall profitability of the real estate industry is declining, with many listed companies reporting losses for the first time [31][32]. - The market is experiencing a structural shift, with a growing divide between high-demand urban areas and oversupplied lower-tier cities [35][36]. - The dual-track development model of "commercial housing + affordable housing" is emerging, addressing different market needs [36]. 5. Overall Perspective and Investment Recommendations - The report emphasizes the importance of urban renewal in the future of the real estate market, suggesting a gradual shift towards a dual-track development model [37]. - It recommends focusing on financially stable leading companies and regional leaders in first and second-tier cities, such as Poly Developments, Binjiang Group, and China Merchants Shekou [39].