Study on Urban Renewal from the Perspective of Planetary Gentrification

Urban renewal is often accompanied by changes in social groups and is an unstoppable economic law. Gentrification, as a development trend of urban renewal that appears along social classes, presents complexity, dynamism, and scale-shifting characteristics, and has become a global issue. Starting from gentrification at the planetary scale, this paper focuses on the geographical spatial imbalance caused by capital flows in the gentrification phenomenon. Through cross-scale comparison, it verifies that gentrification in urban renewal has global commonality and local characteristics, and comprehensively compares the differences between traditional gentrification and planetary gentrification. On the basis of looking forward to the development context of planetary gentrification theory, the characteristics of gentrification in the north and south, and the mechanism of action, it is believed that China's urban renewal should be combined with the political system and the special land property rights system, and pay attention to thinking about how to better avoid the negative effects of gentrification from the multi-dimensional geographical scales of global, national, regional, urban and rural areas.