# renovation

China’s Housing Minister Pushes Urban Renewal and ‘Good Homes’ to Stabilise Property Market and Lift Living Standards

China’s housing ministry has prioritised urban renewal and the construction of higher‑quality “good homes” for 2026, coupling a social objective of improving living standards with measures intended to stabilise the property market. The package includes retrofit programmes for old neighbourhoods, stricter quality standards for new homes, and institutional reforms to development and financing practices.