Exploring Diverse Investment and Financing Models for Urban Renewal in Central China

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Urban renewal faces a funding dilemma due to the mismatch between public interest costs and commercial revenue. In the area where the Huazhong Xiaoguishan Financial and Cultural Park is located, a former industrial site has been transformed into a modern financial industry zone through a collaborative effort involving state-owned capital, industrial capital, and professional operators. This innovative investment and operation system aims to revitalize idle industrial land into a modern financial industry hub. The “13th Five-Year Plan for Urban Renewal” emphasizes the need to establish a sustainable urban construction and operation investment and financing system. Central provinces like Hubei, Hunan,…

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