期刊
URBAN STUDIES
卷 52, 期 15, 页码 2774-2798出版社
SAGE PUBLICATIONS LTD
DOI: 10.1177/0042098014528549
关键词
China; land commodification; neoliberalism; public finance; urbanisation
资金
- Research Grants Council of the Hong Kong Special Administrative Region, China [747509H, 746413H]
- National Science Foundation of China [41271147]
- Peking University-Lincoln Institute of Land Policy
- University of Hong Kong
This study examines the popular practices of Chinese urbanism in which commodification of urban land has been actively pursued by municipal governments as a means of revenue generation in the era of neoliberalisation. The research identifies a complex, diverse and self-conflicting internal dynamics that characterised the Chinese state, reveals the political and financial motives of local governments to engage in urbanism and maps out the emerging geography of neoliberal urbanism. Land commodification has become a main source of municipal finance accounting for over 30% of total municipal budgetary revenue and nearly 40% of the fund for urban maintenance and construction. An inverse U-shaped relationship is found between the importance of land commodification to municipal finance and the level of urban economic growth. A similar relationship is identified for land-based municipal finance and degree of openness.
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