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In post-industrial era, space, a built environment, is produced by and turned into capital to gain interests. With the development of time-space compression across the globe, the gap between these two has been broken down. Then capital logic becomes social logic and the world is being transferred towards flat structure and culture towards collage. During the process of space reproduction in settlement renewal, capital-driven con-substantial trend and gentrification of space emerge. Based on the theory of production of space and with Qiaoxi Historical District as research object, this paper explores how the settlement renewal in China gets rid of existing difficulty and realizes win-win cooperation for multiple subjects by following the capital logic in of the Production of Space and using the reconstruction mode of multiple subjects in the context of globalization.

Settlement Renewal from the Perspective of Production of Space---- A Case Study of Qiaoxi Historical District in Hangzhou, Zhejiang, PRC