The renovation of urban villages is one of the important links in the continuous efforts to promote the stabilization of the real estate market. Recently, many places have listed the renovation of urban villages as a key focus when deploying future work. "The reconstruction of urban villages plays an active role in improving living conditions and promoting fixed assets investment, which can further promote the better development of the real estate market." Yan Yuejin, Vice President of Shanghai E-house Real Estate Research Institute, told reporters. The National Conference on Housing and Urban Rural Development held at the end of last year proposed to strengthen the implementation of urban village and dilapidated house renovation, promote monetary resettlement, continue to expand the scale of urban village renovation on the basis of adding 1 million units, eliminate safety hazards, and improve living conditions. Monetization of resettlement for urban village renovation is one of the key measures to promote the stabilization of the real estate market in 2025 Chen Wenjing, Director of Policy Research at Zhongzhi Research Institute, stated that the National Conference on Housing and Urban Rural Development has confirmed that the scale of urban village renovation will continue to expand by 2025, and it is expected that the pace of urban village renovation will accelerate by 2025. The reporter noticed that Shandong, Jilin, Fujian, Sichuan, Zhejiang, Jiangsu, Henan and other places have clearly stated that they will strengthen the implementation of urban village renovation by 2025. At the press conference on the livelihood theme of the "Two Sessions" held by the Jilin Provincial Information Office on January 15th, the relevant person in charge of the Jilin Provincial Department of Housing and Urban Rural Development stated that by 2025, the province will implement the transformation of urban villages, and plans to raise 6000 sets of resettlement housing through construction and acquisition, which has been included in the provincial government's key tasks and livelihood issues. On January 8th, the Department of Housing and Urban Rural Development of Fujian Province released the "Several Measures to Promote a Good Start in the Development of the Real Estate Market in the First Quarter of 2025" (hereinafter referred to as the "Several Measures"), which proposes to accelerate the implementation of urban village renovation. Fuzhou and Xiamen need to accelerate the construction of urban village renovation and continuation projects, and implement the 2025 plan for the renovation of urban villages into specific projects in the first quarter, accelerating the progress of land acquisition and relocation to promote construction. In addition, Shanghai, Shaanxi, Qinghai, Guizhou and other places have included the transformation of urban villages in the five-year action plan of the new urbanization strategy. For example, on January 13th, the People's Government of Guizhou Province released the "Implementation Plan for the Five Year Action Plan of Implementing the People oriented New Urbanization Strategy in Guizhou Province (2024-2028)", which proposes to support Guiyang to accelerate the implementation of urban village transformation through various methods such as demolition and construction, renovation and upgrading, and a combination of demolition and renovation. The policy toolbox reserves are sufficient. In the process of continuously promoting the implementation of urban village renovation in many places, the special loan for urban village renovation provides financial support for urban village renovation projects. According to data from the China Development Bank, in 2024, the bank will increase its special loans for urban village renovation by 381.7 billion yuan, supporting 723 urban village renovation projects in cities such as Beijing, Guangzhou, Jinan, Zhengzhou, Wenzhou, Nantong, and Ganzhou. The special loan for urban village renovation in the future will still be an important support for urban village renovation. The Office of the People's Government of Shaanxi Province proposed in the relevant documents released in December 2024 to leverage the role of special loans for urban village renovation; The "Several Measures" issued by Fujian proposes that other cities planning to implement urban village renovation should accelerate project planning and actively seek special loan support, provided that project funds can be balanced and compensation plans are mature. In addition, the placement of housing tickets is also a key focus of attention in the process of urban village renovation in various regions. According to statistics from the Zhongzhi Research Institute, since 2024, more than 90 regions in China have encouraged the use of housing vouchers for resettlement of relocated households. Chen Wenjing believes that supporting policies related to the renovation of urban villages in various regions are expected to continue to be improved, such as combining monetary resettlement with housing ticket resettlement, increasing subsidies for housing ticket resettlement, and enhancing residents' enthusiasm for using housing tickets, thereby accelerating the pace of urban village renovation. Yan Yuejin stated that the current policy toolbox for urban village renovation is well stocked. Considering that the renovation of urban villages will expand in 2025 and play an important role in exploring potential housing demand, the application of policy tools such as house tickets will also increase in the future, and the scope of use of house tickets is expected to expand. (New Society)