On April 16, 2026, the Ministry of Finance and the Ministry of Housing and Urban Rural Development jointly issued a notice stating that the central government will continue to support some cities in implementing urban renewal actions, and the support scope will be expanded to all prefecture level and above cities.

Each city can receive a maximum fixed subsidy of 1.

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2 billion yuan, and no more than 15 cities will be selected this year.

Two days later, an article in an economic daily pointed out that the core of urban renewal is to “accurately match the expectations of the people with the actions of the government”.

Minister Ni Hong of the Ministry of Housing and Urban Rural Development has clarified that high-quality promotion of urban renewal will start from three directions – creating high-quality living spaces, stimulating urban development vitality, and enhancing urban safety resilience.

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