IDENTIFYING THE FINANCING PATTERN PROBLEMS OF DILAPIDATED URBAN HOUSING RENEWAL SYSTEM IN ZHEJIANG, CHINA: CASE STUDY OF JINSHOU PROJECT IN ZHOUSHAN

摘要

A dualistic system of private urban housing renewal consisting of marketized "Old City Renewal" and government voluntary "Dilapidated Urban Housing Renewal" has been established in China since 2015. Focusing on the latter DUHR mode, this study aims to identify its problems from the perspective of financing pattern. Jinshou Project in Zhoushan is selected as a representative case to clarify the DUHR mode in Zhejiang Province. Through analyzing the statistics of project funding, this paper argues that the DUHR mode completely relies on public funding, and is hard to tackle the increasing number of dilapidated housing.