URBAN REGENERATION FROM THE PERSPECTIVE OF PUBLIC VALUE:PRACTICAL PREDICAMENT,THEORETICAL LOGIC,AND GOVERNANCE PATH
Urban regeneration is a major strategic decision of the CPC Central Committee and a necessary demand for high-quality development in the middle and late stages of China's urbanization process.As urban regeneration practices are in full swing,their internal contradictions and problems have begun to surface.Therefore,it is urgent to introduce appropriate governance theories to steer the direction of institutional and policy provisions in urban regeneration.From the perspective of public value and taking the strategic triangle model of public value creation as an analytical framework,this paper summarizes China's urban regeneration practices following the main line of"practical predicament,theoretical logic,and governance path".It develops a theoretical logic framework of urban regeneration from the perspective of public value,in order to address the practical issues of unclear public values,insufficient guarantees in institutional design,and flaws in organizational operation.Building on the framework,it proposes a public value-oriented urban regeneration governance path that encompasses three dimensions:public value,institutional design,and organizational operation.This paper provides innovative insights into urban regeneration governance in the new era from the perspective of public value theory.
urban regenerationpublic value creationstrategic triangle modelurban governance
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