我国城市更新投融资模式研究

受城镇化、产业结构及住房土地供应等宏观经济因素共同推动，我国城市更新发展进入快车道。定量测算表明：一是我国城市更新已初具规模，"十三五"以来年均投资超3万亿元；二是"十四五"及今后一段时期，城市更新投资规模具有较大的潜在增长空间，城市更新投资年均增速约为11%，预计到2030年的投资规模将达9.2万亿元，约为当前规模的2.8倍。回顾我国城市更新投融资模式的历史变迁、国内各地探索创新的实践以及对国外经验的总结，未来宜构建以市场为主、政府引导的投融资模式稳步推进城市更新活动。对此建议：一是转变思想观念，从以拆除重建为主的金融支持方式重新塑造支持城市有机更新的投融资模式；二是分类推进解决不同类型城市更新项目的投融资问题；三是创新多种金融支持方式，引导吸引社会资本参与。

Research on the Investment and Financing Mode of Urban Regeneration in China

Driven by macroeconomic factors such as urbanization,industrial structure and housing land supply,china's urban regeneration development has entered the fast lane. Quantitative calculations show that first,China's urban renewal has begun to take shape,with annual investment exceeding 3 trillion yuan since the "13th Five-Year Plan"; second,the "14th Five-Year Plan" and a period of time in the future,the scale of urban renewal investment has a large potential growth Space,the average annual growth rate of urban renewal investment is about 11%,and the investment scale is expected to reach 9.2 trillion yuan by 2030,which is about 2.8 times the current scale. Looking back at the historical changes of China's urban renewal investment and financing models,the practice of exploring and innovating in various parts of the country,and the summary of foreign experience,we will build a market-oriented and government-led investment and financing model to steadily promote urban renewal activities in the future. In this regard,one is to change our thinking and concepts,and to reshape the investment and financing model that supports the organic renewal of the city from the financial support method mainly based on demolition and reconstruction; the second is to promote and solve the investment and financing problems of different types of urban renewal projects; the third is to innovate many financial support methods to guide and attract the participation of social capital.