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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on Financial Support for Industrial Heritage Protection and Innovative Utilization

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DOI: 10.25236/icemc.2019.108

Author(s)

Yingkai Yin, Boyu Yang

Corresponding Author

Yingkai Yin

Abstract

The protection project of industrial heritage in China has begun to take shape, and some urban industrial historical scenes have been reserved and utilized by innovation. Industrial heritage has the characteristics of public welfare, large initial investment, and slow recovery of funds. Protection is only one aspect for the industrial heritage, and it's more important to use the financial means to ensure its own innovation. At present, the innovative utilization and financial support of industrial heritage have not yet formed a systematic solution, and the shortage of funds is still one of the important obstacles restricting the protection of industrial heritage. In this context, this paper analyzes the status quo of industrial heritage protection in China from the perspective of financial support, and compares four financing modes and specific cases in combination with government support mode, market mode, PPP mode and pure social capital mode. Based on the analysis results, this paper puts forward the policy suggestions of finding the "three balance points", that is, finding the balance point between the protection of industrial heritage and innovative utilization, finding the balance point between government funds and market funds, and finding the balance point between economic value and cultural value. The establishment of ecological chain could provide financial support for the protection of industrial heritage in China.

Keywords

Industrial heritage protection, Innovative utilization, Financial support