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China launched over 60,000 urban renewal projects, investing nearly $405 billion in 2024.
In 2024, China launched over 60,000 urban renewal projects, attracting 2.9 trillion yuan (about 404.4 billion USD) in investment.
Local governments supported these efforts through land use measures, planning, and financial assistance.
The State Council prioritized renovating old neighborhoods, factories, and shantytowns, while also focusing on upgrading infrastructure, restoring ecosystems, and preserving cultural heritage.
Vice Premier He Lifeng highlighted the need for concerted efforts to advance these projects with high-quality standards.
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China lanzó más de 60.000 proyectos de renovación urbana, invirtiendo casi 405.000 millones de dólares en 2024.