Guangzhou Urban Renewal Bureau has made a detailed interpretation of this method, including temporary relocation expenses, houses without legal certificates and collective properties, and many other compensation standards have been improved. Focus 1: The total amount of collective property reconstruction can be calculated in two ways. The cost of comprehensive reconstruction of old villages mainly includes upfront expenses, temporary relocation expenses, demolition freight, reconstruction expenses, agricultural conversion and unforeseen expenses. After the implementation of the newly revised accounting method, the accounting method issued on September 26, 2016 shall be abolished at the same time. According to the new accounting method, the total amount of reconstruction of collective economic properties within the scope of old village reconstruction can be divided into two types according to the existing construction area or the scope of land use: (1) With the existing construction area, the legal construction area of collective economic organizations is 1: 1 to verify the reconstruction amount; For buildings built before June 30, 2007 without legal certificates, the amount of reconstruction is approved according to the existing construction area of 2: 1, and the remaining area can be included in the reconstruction cost according to the construction and installation cost; Illegal buildings built after June 30, 2007 shall not be approved. (II) The scope of land use, including village-level industrial parks, storage yards, warehouses, open-air parking lots and other land included in the transformation of old villages, refers to the relevant polici《广州市城市更新办法》 on village-level industrial parks, that is, the construction area of rights and interests is calculated according to the existing land area and plot ratio of 1.8 (gross), and the construction and installation expenses are raised by the village collectives and are not included in the transformation cost. The transformation subject can choose one of them according to the actual situation. Focus 2: The compensation for houses without legal certificates should be increased per square meter. The new accounting method in 500 yuan also stipulates that the construction and installation cost of houses and village collective properties without legal certificates built before June 30, 2007 should be based on 1,500 yuan per square meter, and the accounting should be adjusted annually according to the increase of consumer price index (CPI) of our city in that year. The specific compensation shall be implemented by the village collective on its own under the premise of not exceeding the approved total amount of housing construction cost compensation. However, the original accounting method stipulated: &”;The compensation for the construction and installation cost of villagers&; houses and village collective properties is calculated according to the upper limit of 1000 yuan per square meter and included in the renovation cost&”;. The relevant person in charge of the Municipal Urban Renewal Bureau said that at present, residential or village collective properties that are not rebuilt without legal procedures are generally frame structures. With reference to Article 15 of Chapter 9 of the former Municipal Construction Committ《广州市城建项目征收补偿标准》 (draft for review), the frame structure compensation for houses with unregistered property rights on state-owned or collective land is 1,500 yuan/square meter, so the amount is adjusted to 1,500 yuan. In addition, in the new accounting method, considering the income level of the relocated residents, the decoration standard has been appropriately raised. Unforeseen expenses shall be calculated as 3% of the total renovation cost, and if it is really necessary to break through, the maximum shall not exceed 5%, which shall be used for the expenses actually incurred in the process of resettlement compensation but not included in the renovation cost.