[Ministry of Housing and Urban-Rural Development: Urban renewal will be vigorously implemented during the "15th Five-Year Plan" period] On September 18, Chen Shaowang, spokesperson and deputy minister of the Ministry of Housing and Urban-Rural Development, said that innovation is the first driving force to promote high-quality urban development. During the "15th Five-Year Plan" period, urban renewal will be vigorously implemented, innovative mechanisms and methods for revitalizing existing resources, transforming and upgrading a number of old neighborhoods, factories and old commercial streets, introducing new industries such as scientific and technological research and development, cultural creativity, leisure and entertainment, promoting functional conversion, business upgrades, and stimulating the vitality of urban development.