# Urban Renewal
Latest news and articles about Urban Renewal
Total: 2 articles found
China’s Great Inventory Pivot: Local Governments Step In to Repurpose a Bloated Property Market
Chinese municipal governments are increasingly intervening in the property market by using state-owned enterprises to buy back unsold housing and convert vacant commercial space into public services. This strategic shift aims to de-risk developer balance sheets while addressing social needs such as elderly care and affordable housing.
China’s Urban Rebrand: Why Housing Bureaus Are Pivoting to Renewal
Local governments across China are renaming their housing bureaus to emphasize "Urban Renewal," marking a strategic shift from rapid outward expansion to the high-quality management of existing urban assets. This transition focuses on upgrading old infrastructure and improving resident services as part of a broader move toward sustainable, people-centric development.