On September 28, the 25th session of the Standing Committee of the 14th Jiangsu Provincial People's Congress reviewed the “Regulations on Urban Renewal of Jiangsu Province”. This is the first time that Jiangsu Province has legislated for urban renewal. It not only responds to public concerns such as how to reform old neighborhoods, whether dilapidated housing can be rebuilt, where money comes from, and how residents can participate, but also clearly supports the independent renewal of old urban housing and provides specific operational measures. Legislation in Jiangsu Province encourages property rights holders to independently renew old houses that have been built early, have low construction standards, and poor supporting facilities through demolition and integration, demolition and reconstruction. This independent renewal shall be voted on by the owners in accordance with the law. Owners who disagree with the implementation shall be fully negotiated with them to guarantee their right to know and participate; if negotiations fail, they may be handled through acquisitions, replacements, etc. in accordance with the law. The draft encourages regions that are in a position to do so to explore the use of housing provident funds and special housing maintenance funds to support projects such as dangerous housing renovation, independent renewal of old housing, renovation of old neighborhoods, and elevator installation and replacement.

Zhitongcaijing · 2d ago
On September 28, the 25th session of the Standing Committee of the 14th Jiangsu Provincial People's Congress reviewed the “Regulations on Urban Renewal of Jiangsu Province”. This is the first time that Jiangsu Province has legislated for urban renewal. It not only responds to public concerns such as how to reform old neighborhoods, whether dilapidated housing can be rebuilt, where money comes from, and how residents can participate, but also clearly supports the independent renewal of old urban housing and provides specific operational measures. Legislation in Jiangsu Province encourages property rights holders to independently renew old houses that have been built early, have low construction standards, and poor supporting facilities through demolition and integration, demolition and reconstruction. This independent renewal shall be voted on by the owners in accordance with the law. Owners who disagree with the implementation shall be fully negotiated with them to guarantee their right to know and participate; if negotiations fail, they may be handled through acquisitions, replacements, etc. in accordance with the law. The draft encourages regions that are in a position to do so to explore the use of housing provident funds and special housing maintenance funds to support projects such as dangerous housing renovation, independent renewal of old housing, renovation of old neighborhoods, and elevator installation and replacement.