According to the Ministry of Housing and Urban-Rural Development, in 2024, China will implement more than 60,000 urban renewal projects, with an investment of approximately 2.9 trillion yuan, and the comprehensive effects are gradually becoming apparent. The Ministry stated that in 2024, various regions across the country will continuously innovate and improve the mechanisms, institutional policies, and implementation models for urban renewal work, implementing more than 60,000 urban renewal projects with an investment of approximately 2.9 trillion yuan, which includes various types of projects such as the renovation of old urban residential areas, the construction of complete communities, and the protection of historical and cultural heritage. (CCTV News)