This paper examines the internal driving force of urban renewal from an economic perspective,outlines benefit distribution and cost-sharing alternatives within different land systems,and introduces spatial resource pricing methodologies and ad-justment policies for urban renewal at both national and local levels.The study sug-gests that development gain and rent gap distribution in urban renewal projects are central to land-based public finance.Land valuation methods for the transfer of sub-division development rights not only provides fundamental technical support for value capture but also serve as important policy tools for regulating urban renewal activities.The integration and mutual reinforcement of urban financing policies and spatial planning strengthens the establishment of a sustainable land-based public fi-nance model in China.
关键词
城市更新/土地财政/空间资源定价/空间规划/开发权
Key words
urban renewal/land-based finance/spatial resource pricing/spatial plan-ning/development right