Two departments: establish a sustainable model of urban renewal guided by the government, operated by the market, and involving public participation.

The Ministry of Natural Resources and the Ministry of Housing and Urban-Rural Development have issued a notice on further supporting urban renewal actions. The notice mentions the establishment of a sustainable model for urban renewal guided by the government, operated by the market, and involving public participation. It emphasizes the role of neighborhoods and communities, mobilizing the enthusiasm of the people to participate in urban renewal. The notice also calls for efforts to integrate urban management into community work, encouraging property owners to independently renovate their properties and supporting businesses in revitalizing underutilized assets to better leverage state-owned capital. It encourages entities to participate in urban renewal, supports various professional forces and service agencies in participating in urban renewal, and improves the system for experts to participate in public decision-making. It aims to establish a sound institutional mechanism for construction, operation, and governance that is adaptable to urban renewal. It also emphasizes the development of social risk assessment and conflict resolution mechanisms for urban renewal.