[Minister of Housing and Urban-Rural Development Ni Hong: 1 million new urban village renovations and dilapidated housing renovations will be implemented through monetary resettlement housing] Jinshi Data reported on October 17 that Minister of Housing and Urban-Rural Development Ni Hong said at a press conference of the State Council Information Office on October 17 that 1 million new urban village renovations and dilapidated housing renovations will be implemented through monetary resettlement housing. The survey shows that in 35 large and medium-sized cities alone, there are 1.7 million urban villages that need to be renovated, and other cities also have renovation needs; there are 500,000 dilapidated houses that need to be renovated nationwide. The 1 million new units proposed this time are mainly for projects that are mature in conditions and can be done ahead of schedule by increasing policy efforts. Monetary resettlement will be used as the main method, which will be more conducive to the people and their own wishes to choose the appropriate method. (Reprinted from: Jinshi Data)