The Chinese communist regime has held a rare central urban work conference, one in 10 years, amid a sluggish economy and a persisting unemployment crisis.Observers said the regime’s “urban renewal” aims at maintaining its political stability in Chinese cities as well as stimulating the depressed real estate sector through mandatory measures. They remain skeptical of its effect.
The Central Urban Work Conference was held in Beijing from July 14–15. Chinese Communist Party (CCP) leader Xi Jinping and other members of the Standing Committee of the CCP attended the meeting.The meeting set the goal to make modern cities that are “innovative, livable, beautiful, resilient, culturally vibrant, and smart,” with a focus on pushing forward “urban renewal” and “the renovation of urban villages and dilapidated houses.
” The meeting emphasized that “public security will be strengthened through holistic measures to effectively safeguard urban safety.”..
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