In 2023, 1.93 million housing units were rebuilt in rundown urban areas in China, representing a further slight rise of 6.63 percent from the previous year. Urban renewal projects were widely implemented across China in the last two decades, as central areas in major cities usually had higher land value and unsatisfactory building quality. However, local authorities now tend to monetarily reimburse homeowners for the land instead of providing new housing units after the reconstruction.
Number of housing units completed in rundown urban areas in China from 2016 to 2023
(in millions)
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Number of housing units completed in rundown urban areas in China from 2016 to 2023
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National Bureau of Statistics of China. (February 29, 2024). Number of housing units completed in rundown urban areas in China from 2016 to 2023 (in millions) [Graph]. In Statista. Retrieved February 19, 2025, from https://www.statista.com/statistics/1422946/china-number-of-housing-units-completed-in-rundown-urban-areas/
National Bureau of Statistics of China. "Number of housing units completed in rundown urban areas in China from 2016 to 2023 (in millions)." Chart. February 29, 2024. Statista. Accessed February 19, 2025. https://www.statista.com/statistics/1422946/china-number-of-housing-units-completed-in-rundown-urban-areas/
National Bureau of Statistics of China. (2024). Number of housing units completed in rundown urban areas in China from 2016 to 2023 (in millions). Statista. Statista Inc.. Accessed: February 19, 2025. https://www.statista.com/statistics/1422946/china-number-of-housing-units-completed-in-rundown-urban-areas/
National Bureau of Statistics of China. "Number of Housing Units Completed in Rundown Urban Areas in China from 2016 to 2023 (in Millions)." Statista, Statista Inc., 29 Feb 2024, https://www.statista.com/statistics/1422946/china-number-of-housing-units-completed-in-rundown-urban-areas/
National Bureau of Statistics of China, Number of housing units completed in rundown urban areas in China from 2016 to 2023 (in millions) Statista, https://www.statista.com/statistics/1422946/china-number-of-housing-units-completed-in-rundown-urban-areas/ (last visited February 19, 2025)
Number of housing units completed in rundown urban areas in China from 2016 to 2023 (in millions) [Graph], National Bureau of Statistics of China, February 29, 2024. [Online]. Available: https://www.statista.com/statistics/1422946/china-number-of-housing-units-completed-in-rundown-urban-areas/
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