India's 73% population growth by 2036 driven by urbanization. 🌍 Transforming cities into world-class hubs is key to poverty reduction & economic ambition. We must stop being "reluctant urbanizers." 🌟 #SustainableUrbanization #EconomicGrowth

China vows sustainable urbanisation after decades of breakneck growth © Reuters. FILE PHOTO: A Chinese flag flutters above the national emblem on the Great Hall of the People before the opening session of the National People's Congress (NPC) in Beijing, China March 5, 2022. REUTERS/Carlos Garcia Rawlins/File photo By Ryan Woo, Liangping Gao and Ellen Zhang BEIJING (Reuters) -China promised to build liveable, sustainable and resilient cities in the next phase of its urban development after the first top-level urban planning meeting in a decade, abandoning breakneck urban growth that once super-charged its economy. At the Central Urban Work Conference helmed by President Xi Jinping, China’s top leaders recognised that urbanisation was shifting from rapid growth to stable development, the official Xinhua news agency reported on Tuesday after the two-day meeting. Under China’s previous urbanisation model, cities were allowed to expand rapidly to boost economic growth by fuelling construction and property development. That led to the rise of "ghost cities" where homes were built but no-one bought them, rampant property speculation in other cities, and a nationwide binge on debt to fire up investment and development. "Urban development is shifting from a stage of large-scale expansion to a stage focused on improving the quality and efficiency of inventories," Xinhua reported, citing the meeting. The Central Urban Work Conference was last held in 2015, when China launched a massive state-backed redevelopment of informal settlements, which helped boost the country’s property market and fuelled the surge in housing speculation and prices. A decade on, China has limited room to repeat such large-scale stimulus, given the changed landscape of the property market that is now marred by oversupply and weak demand, analysts said. The property sector, which accounted for about a quarter of economic activity before it collapsed roughly four years ago, remains a drag on government efforts to achieve its annual growth target of around 5%. New home prices fell at the fastest monthly pace in eight months in June, official data showed on Tuesday, adding to calls for additional market support. But the urban planning conference promised no quick fix to falling home values, with Xinhua saying China would "steadily push forward" with the renewal of urban villages and dilapidated homes. The conference is unlikely to bring about any near-term changes to the property market, said Xing Zhaopeng, ANZ’s senior China strategist, with the emphasis on construction as a means to an end and not an end itself. "Under the new paradigm, real estate’s relationship with the macroeconomy will transform from being a driver to an outcome," Xing said. PEOPLE-ORIENTED Previous decades of red-hot urban development helped transform China into the world’s second-largest economy after the United States. The growth of Chinese cities had a knock-on effect on global markets as developers demanded more steel, concrete, brick and glass. But the urbanisation, especially in China’s rural interior, led to cities with no reason to exist aside from property, at a time when more and more people were flocking to booming coastal cities. The urbanisation capacity of cities will be improved, Xinhua said, suggesting a close eye on any runaway buildup that could lead to imbalances in supply and demand of urban resources. Large, medium-sized and small cities, as well as small towns, will be developed in a coordinated way, Xinhua said. Development will focus on building green and low-carbon cities, with super-tall skyscrapers to be strictly limited and urban flood control systems strengthened, the news agency said. Urban development should be more "people-oriented".

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Board approves Georgia Power easement for Fort Gilliam parcel construction The board unanimously approves Georgia Power's request to relocate poles for parcel development.

Exciting developments are on the horizon for Forest Park, as the URA takes bold steps to reshape the community with new infrastructure and strategic projects!

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#ForestParkClaytonCounty #GA #CitizenPortal #InfrastructureImprovement #SustainableUrbanization #CommunityPlanning

Flyer for the UN ESCAP 81st Commission Side Event session on Oceanic Pathways to Sustainable Cities and Towns, showing panellists, who include: Andie Foy Tong, Head, ESCAP Sub-Regional Office for the Pacific Virginia Dawson, Director of Policy, Pacific Island Forum Secretariat Hon. Maciu Katamotu Nalumisa, Minister for Housing and Local Government, Fiji Government Hon. Rexson Ramofafia, Minister for National Planning and Development Coordination, Solomon Islands Government Governor Hon. Powes Parkop, NCD Port Moresby, Papua New Guinea Sri Popuri, Chief, UN-Habitat Multi Country Programme Office - South and South East Asia

I'm in Bangkok this week at the 🇺🇳 @unescap.bsky.social 81st Commission, which for the first time is focused on #SustainableUrbanization 🏙️

Tomorrow we have an amazing high-level panel, reflecting on the #BluePacific's unique pathways to sustainable cities & towns.

Join Us: 🎟️ go.unimelb.edu.au/p8ep

Oregon House Bill 3847 allocates $50M for middle housing grants Oregon's House Bill 3847 funds grants for local governments to support middle housing infrastructure.

Oregon's new House Bill 3847 is set to revolutionize housing by providing $50 million in grants for local governments to build critical infrastructure for middle housing!

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#OR #InfrastructureDevelopment #SustainableUrbanization