China to Step Up Urban Renewal, Support Housing Market in 2026

2025-12-23 06:29 By Chusnul Chotimah 1 min. read

China will step up urban renewal and efforts to stabilise its property market in 2026, at the start of its latest Five-Year Plan (2026–2030), according to a readout of a housing policy conference released on Tuesday, as Reuters reported.

The conference, held in Beijing on December 22–23, mapped out key housing development tasks for the Five-Year Plan period and described next year as a critical starting point for policy implementation.

A major focus will be the “vigorous implementation of urban renewal,” alongside efforts to stabilise the real estate market, prevent and defuse risks, and improve the supply of affordable housing.

China’s property sector, once a key engine of growth, has been in persistent decline since mid-2021 despite repeated government pledges to shore up the sector.

Weak home sales and falling prices have weighed on consumer confidence and household balance sheets, with around 70% of household wealth tied to real estate.



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