URBAN DEVELOPMENT MODEL AND PLANNING SUPPLY UNDER THE L-SHAPED ECONOMIC TRANSITION:A DEDUCTION FROM THE PERSPECTIVES OF THE MULTIPLE RELATIONSHIPS BETWEEN CAPITAL AND ITS COST
The Chinese economy has entered a fluctuating and tortuous development stage after an L-shaped transition.With the proportion of urban population exceeding 65％,cities have become the central focus of high-quality development.On the one hand,the existing Chinese planning system has become relatively detached from the context of economic development.On the other hand,urban development and construction,as the two classic methods used to reverse the economic downturn in contemporary urban planning theory,have failed to address issues such as local government debt,externality regulations,and the loss of social capital.Combining the macroeconomic development trend of China,this article derives a project-based urban development and construction model that can overcome crises and promote recovery and development in the new stage,which is also in line with various optimization directions of the relationships between the capital and its cost,including economic capital,cost of economic capital,and social capital.It further sorts out the planning supply model that meets the demands above and proposes possible scenarios for urban planning transformation.On this basis,this article provides a basic argument on the long-term vitality of development-oriented urban planning paradigm.
urban planningurban development modeleconomic downturnurban financeplanning reform
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