Chinese cities shift from expansion to high-quality development

China's urban renewal is entering a new stage as urban development shifts from expansion to quality improvement. The country has set out a roadmap for the next five years, aiming to build modern cities centered on the people, with a focus on better housing, improved public services, stronger governance, and more sustainable urban growth.

June 9, 2026

China to boost urban renewal investment in 2026

China will increase funding for urban renewal in 2026, a National Development and Reform Commission official said at a Monday policy briefing. A total of 97 billion yuan (US$14.3 billion) will be allocated to renovate old urban residential communities and dilapidated housing, benefiting about 8 million households. Another 160 billion yuan will be earmarked for the upgrading of underground pipeline networks.

June 8, 2026

Fiscal funds, bank loans both seen helping finance urban renewal drive

China will make full use of fiscal funds and bank credit while leveraging private capital as part of a broader drive to build a sustainable financing system for the country's urban renewal initiative, officials said on Friday.

June 9, 2026

China to build, upgrade 770,000 km of urban underground pipelines during 2026-2030

​China will build and upgrade around 770,000 km of urban underground pipelines during the 15th Five-Year Plan period (2026-2030), an official said Monday.

June 8, 2026

China's State Council issues urban renewal plan during 2026-2030

China's State Council recently released an urban renewal plan, outlining key targets, major tasks and projects, as well as policy measures for the country's urban renewal efforts during the 15th Five-Year Plan period (2026-2030).

May 29, 2026