Shanghai Securities News: The central government has determined the direction of urban development, urban renewal, and real estate development have reached a new starting point.

The Central Urban Work Conference was held in Beijing from July 14th to 15th. In the view of industry experts, this conference has outlined the direction for the high-quality development of cities, signaling that urban development is gradually entering a new stage. "Urban renewal" has been included in the overall requirements, accelerating the construction of a new model of real estate development and steadily promoting the transformation of urban villages and dilapidated houses have become key tasks in urban work. These policies will have a direct impact on the development of the real estate market, and the continuous implementation of key tasks will also provide new opportunities for enterprises to participate in promoting the high-quality development of cities.