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Business-promoted city-regionalism? New Industrial City projects by China Fortune Land Development

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  • Yi Li
  • Feng Yuan

Abstract

Drawing upon the New Industrial City (NIC) projects by China Fortune Land Development (CFLD), a Shanghai stock-listed top 10 real estate enterprise, this article accounts for the emergence of business-promoted city-regionalism as a novel mechanism for industrial zone development in small cities near large metropolises. Lacking sufficient capital and professional personnel, local governments of these small cities made long-term contracts with CFLD, a private company, to build and develop industrial zones under the brand CFLD NIC. This novel phenomenon demonstrates the state orchestration of business-promoted city-regionalism, namely, a variegated form of state entrepreneurialism prevalent in China.

Suggested Citation

  • Yi Li & Feng Yuan, 2022. "Business-promoted city-regionalism? New Industrial City projects by China Fortune Land Development," Regional Studies, Taylor & Francis Journals, vol. 56(3), pages 355-370, March.
    • Handle: RePEc:taf:regstd:v:56:y:2022:i:3:p:355-370
    DOI: 10.1080/00343404.2021.1947484
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    Cited by:

    1. Yun Li & Ming Xu & Juncheng Dai & Zhenshan Yang & Zhe Cheng, 2023. "Examining the Impact of Infrastructure Financialization on Uneven Regional Development: Evidence from China," Land, MDPI, vol. 12(3), pages 1-12, March.
    2. Yanlin Zhen & Dehao Shi & Yanan Lu, 2023. "The Impact of Regional Integration Strategies on the Formation of City Regions and Its Agglomeration Shadow: Evidence from the Yangtze River Delta, China," Land, MDPI, vol. 12(5), pages 1-16, May.

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