Caixin
Jul 22, 2023 03:18 AM
ECONOMY

China’s State Council Vows Support for Renovating Urban Villages

00:00
00:00/00:00
Listen to this article 1x
Huashiying, located in Beijing’s central business district, is on the verge of disappearing as the local government unveils plan for its demolition.
Huashiying, located in Beijing’s central business district, is on the verge of disappearing as the local government unveils plan for its demolition.

China’s cabinet Friday passed guidelines for the renovation of “urban villages” in megacities in its latest move to boost the economy.

Active and steady renovation of urban villages — neighborhoods that developed out of rural villages during the urbanization of large cities and are often homes for migrants seeking cheap rent — is an important measure to improve people's livelihood, expand domestic demand, and promote high-quality urban development, a State Council meeting chaired by Premier Li Qiang said.

You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST