Economic Daily commentator: Taking urban renewal as an important focus.

The recent Central Urban Work Conference put forward that urban work should take urban renewal as an important breakthrough, emphasizing the crucial role of urban renewal in advancing urban work. The focus on urban renewal in urban work is determined by the historical position of China's urban development. China's urbanization is transitioning from a period of rapid growth to a period of stable development, and urban development is shifting from a stage of large-scale incremental expansion to a phase focusing on improving the quality and efficiency of existing resources. This means that the era of large-scale incremental expansion with massive demolition and construction is no longer sustainable, and a new phase of updating existing spaces with refined efforts has arrived. The focus of urban work will shift from construction to governance, with greater emphasis on governance inputs. Only by actively innovating the concepts, models, and methods of urban governance can modern urban governance be achieved.