As one of a series of incremental policies to stabilize the declining Real Estate market, the implementation progress of the policy to convert 1 million urban village and dilapidated housing units through monetized resettlement and other means has attracted significant attention. A reporter from the Securities Times recently learned from various sources that cities like Suzhou, Ningbo, Qingdao, and Hefei are seizing policy opportunities, researching and planning project proposals, aiming to increase special loan credit limits, and formulating renovation plans and resettlement policies. Some projects that originally planned for physical resettlement in 2025 will also be adjusted to monetized resettlement. Experts interviewed by the Securities Times noted that the renovation of urban villages has dual effects of improving people's livelihoods and stimulating economic growth. Among the many difficulties in renovation, the funding issue is the most prominent, which requires increased support from fiscal and financial policies. It is expected that by 2025, fiscal and monetary policy support may be strengthened, speeding up the renovation of urban villages, with 1 million units of monetized resettlement potentially driving the absorption of approximately 0.2 billion square meters of Commodity housing. (Securities Times)