The Chinese government's ambitious "urban village redevelopment" plan was initially expected to not only improve urban environments and enhance residents' quality of life but also serve as a key driver for boosting the real estate market and revitalizing local economies. However, amid the economic slowdown, tightening fiscal conditions and increasing resistance to demolition, many urban village redevelopment projects have been delayed or stalled, drawing widespread attention.
VOA Mandarin: China's urban village redevelopment stalls
- By Bo Gu
