China’s Ministry of Housing and Urban-Rural Development announced plans to speed up urban renewal legislation and to update and install 575,000 residential elevators during the 15th Five-Year Plan. The ministry also highlighted projects to renovate old urban communities and strengthen city infrastructure, with a focus on safe, high-quality living spaces to accompany urban renewal efforts.
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Emphasizes regulatory and policy support to push urban renewal and town-wide upgrades, including large elevator installations.
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