China's housing got a major glow-up during the 14th Five-Year Plan (2021–2025). From sprawling new neighborhoods to spruced-up historic blocks, millions now enjoy safer and greener homes 🌿.
According to Ni Hong, minister of housing and urban-rural development, about 5 billion m² of new commercial residential space was sold—enough to fill thousands of soccer fields! Meanwhile, over 11 million government-subsidized units rolled out, benefiting more than 30 million people 😊.
Modern vibes are everywhere: 2024 saw the construction industry hit a 32.7 trillion yuan output, with smart tech weaving into buildings—even Olympic venues got a futuristic twist 🏟️✨.
The housing market’s secondhand corner is booming too: 15 provinces reported that resale deals outpaced new home sales, giving families more options and flexibility 🔄.
Major renovation waves swept through 240,000 old communities. New elevators, extra parking spots, and community centers for kids and seniors popped up in neighborhoods, making daily life smoother 🛠️🏘️.
Under the hood, China upgraded 840,000 km of water, gas, and heating pipelines, keeping life flowing seamlessly underground 🌐.
Looking ahead, the plan is simple: build high-quality, eco-friendly, smart homes that keep pace with everyday needs. With continuous efforts, the future of living in the Chinese mainland looks bright and innovative 💪🏡.
Reference(s):
Chinese people's housing conditions further improved over past 5 years
cgtn.com
