IDEAS home Printed from https://ideas.repec.org/a/eee/lauspo/v112y2022ics0264837719317326.html
   My bibliography  Save this article

Capital accumulation and urban land development in China: (Re)making Expo Park in Shanghai

Author

Listed:
  • Li, Lingyue
  • Xiao, Yang

Abstract

This study goes beyond the crisis-based understanding of spatial fix to consider a holistic exploration of capital accumulation and urban land development in association with a mega-event in China. Decoding the event-triggered land banking (tudi chubei) process in the (re)making of Expo Park, it shifts the focus of this land-based accumulation to pre-event relocation and post-event investment attraction. The contributions of this study are twofold. First, this study contributes to the mainstream literature by incorporating the place-based mega-event into the study of spatial fix. Spatial fix through mega-events is enacted through pre-Expo primary land development, which reshapes the built environment to articulate a “higher and better use,” followed by a post-Expo land disposition, which fixes investment to accomplish capital restructuring. Second, this study indicates that state entrepreneurialism offers a more accurate interpretation of the governance of land processes led by mega-events than urban entrepreneurialism, and enriches the literature on state entrepreneurialism by illuminating the ways in which capital accumulation is achieved through land development under this governance paradigm. In the pre-Expo phase, a state-owned urban development corporation (UDC) was established to take charge of land finance. An ad hoc quasi-government in proximity to the central state and on behalf of the municipal official mobilized administrative resources to aid land resumption—tailoring space to squeeze out inefficient accumulation modes. In the post-Expo phase, a restructured municipal state-owned enterprise (SOE) took over responsibilities for land disposition from the state-owned UDC and prioritized central state SOEs over other investors.

Suggested Citation

  • Li, Lingyue & Xiao, Yang, 2022. "Capital accumulation and urban land development in China: (Re)making Expo Park in Shanghai," Land Use Policy, Elsevier, vol. 112(C).
    • Handle: RePEc:eee:lauspo:v:112:y:2022:i:c:s0264837719317326
    DOI: 10.1016/j.landusepol.2020.104472
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264837719317326
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.landusepol.2020.104472?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. George Lin, 2009. "Scaling-up Regional Development in Globalizing China: Local Capital Accumulation, Land-centred Politics, and Reproduction of Space," Regional Studies, Taylor & Francis Journals, vol. 43(3), pages 429-447.
    2. Susan S. Fainstein, 2008. "Mega‐projects in New York, London and Amsterdam," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(4), pages 768-785, December.
    3. Guido Codecasa & Davide Ponzini, 2011. "Public-Private Partnership: A Delusion for Urban Regeneration? Evidence from Italy," European Planning Studies, Taylor & Francis Journals, vol. 19(4), pages 647-667, April.
    4. Ute Lehrer & Jennefer Laidley, 2008. "Old Mega‐Projects Newly Packaged? Waterfront Redevelopment in Toronto," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(4), pages 786-803, December.
    5. Jiang Xu & Anthony Yeh & Fulong Wu, 2009. "Land Commodification: New Land Development and Politics in China since the Late 1990s," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 33(4), pages 890-913, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chen, Danling & Li, Yuying & Zhang, Chaozheng & Zhang, Yunlei & Hou, Jiao & Lin, Yaoben & Wu, Shiman & Lang, Yan & Hu, Wenbo, 2024. "Regional coordinated development policy as an instrument for alleviating land finance dependency: Evidence from the urban agglomeration development," Land Use Policy, Elsevier, vol. 143(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fulong Wu, 2016. "China's Emergent City-Region Governance: A New Form of State Spatial Selectivity through State-orchestrated Rescaling," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 40(6), pages 1134-1151, November.
    2. Eran Weinberg & Nir Cohen & Orit Rotem-Mindali, 2019. "LUD as an Instrument for (Sub)Metropolitanization: The 1000-District in Rishon-Lezion, Israel as a Case Study," Urban Planning, Cogitatio Press, vol. 4(4), pages 18-30.
    3. Yuan, Feng & Wei, Yehua Dennis & Xiao, Weiye, 2019. "Land marketization, fiscal decentralization, and the dynamics of urban land prices in transitional China," Land Use Policy, Elsevier, vol. 89(C).
    4. Loraine Kennedy, 2017. "State restructuring and emerging patterns of subnational policy-making and governance in China and India," Environment and Planning C, , vol. 35(1), pages 6-24, February.
    5. Brian Doucet, 2013. "Variations of the Entrepreneurial City: Goals, roles and visions in Rotterdam's Kop van Zuid and the Glasgow Harbour Megaprojects," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 37(6), pages 2035-2051, November.
    6. Claire W. Herbert & Martin J. Murray, 2015. "Building from Scratch: New Cities, Privatized Urbanism and the Spatial Restructuring of Johannesburg after Apartheid," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 39(3), pages 471-494, May.
    7. Tuna Kuyucu & Özlem Ünsal, 2010. "‘Urban Transformation’ as State-led Property Transfer: An Analysis of Two Cases of Urban Renewal in Istanbul," Urban Studies, Urban Studies Journal Limited, vol. 47(7), pages 1479-1499, June.
    8. Zhigang Li & Jiang Xu & Anthony G O Yeh, 2014. "State Rescaling and the Making of City-Regions in the Pearl River Delta, China," Environment and Planning C, , vol. 32(1), pages 129-143, February.
    9. Fernando Diaz Orueta & Susan S. Fainstein, 2008. "The New Mega‐Projects: Genesis and Impacts," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(4), pages 759-767, December.
    10. Jie Li & Rebecca Lai Har Chiu, 2020. "State rescaling and large-scale urban development projects in China: The case of Lingang New Town, Shanghai," Urban Studies, Urban Studies Journal Limited, vol. 57(12), pages 2564-2581, September.
    11. Yong Liu & Wenze Yue & Peilei Fan & Yi Peng & Zhengtao Zhang, 2016. "Financing China's Suburbanization: Capital Accumulation through Suburban Land Development in Hangzhou," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 40(6), pages 1112-1133, November.
    12. Matthew Aaron Richmond & Jeff Garmany, 2016. "‘Post-Third-World City' or Neoliberal ‘City of Exception'? Rio de Janeiro in the Olympic Era," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 40(3), pages 621-639, May.
    13. Amparo Tarazona Vento, 2015. "Santiago Calatrava and the ‘Power of Faith’: Global Imaginaries in Valencia," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 39(3), pages 550-567, May.
    14. Metaxas, Theodore & Preza, Elisavet, 2012. "Public- Private Partnerships in Southeastern Europe: The case of Croatia," MPRA Paper 43830, University Library of Munich, Germany.
    15. Weiming Tong & Kevin Lo & Pingyu Zhang, 2020. "Land Consolidation in Rural China: Life Satisfaction among Resettlers and Its Determinants," Land, MDPI, vol. 9(4), pages 1-15, April.
    16. Zhao, Qianyu & Xu, Hang & Wall, Ronald S & Stavropoulos, Spyridon, 2017. "Building a bridge between port and city: Improving the urban competitiveness of port cities," Journal of Transport Geography, Elsevier, vol. 59(C), pages 120-133.
    17. Wang, Yuan & Hui, Eddie Chi-man, 2017. "Are local governments maximizing land revenue? Evidence from China," China Economic Review, Elsevier, vol. 43(C), pages 196-215.
    18. Dikmen Bezmez, 2008. "The Politics of Urban Waterfront Regeneration: The Case of Haliç (the Golden Horn), Istanbul," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 32(4), pages 815-840, December.
    19. Koi Yu Adolf Ng & César Ducruet, 2014. "The changing tides of port geography (1950–2012)," Post-Print halshs-01359160, HAL.
    20. Liu, Yong & Fan, Peilei & Yue, Wenze & Song, Yan, 2018. "Impacts of land finance on urban sprawl in China: The case of Chongqing," Land Use Policy, Elsevier, vol. 72(C), pages 420-432.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:lauspo:v:112:y:2022:i:c:s0264837719317326. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joice Jiang (email available below). General contact details of provider: https://www.journals.elsevier.com/land-use-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.