The citywide push to unlock new sources of growth will see older buildings renovated and neighbourhoods transformed

Shanghai, China’s commercial centre, will launch a wide-ranging initiative to redevelop urban villages next year, marking one of its most ambitious citywide renewal campaigns yet.

The project, announced at a late July meeting of the city’s legislative body as part of a three-year plan, signals a broader and more intensive push to overhaul urban villages than previous efforts.

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