Production and reconstruction mechanism of consumption spaces in urban fringe areas under capital intervention: Evidence from Guangming town in Shenzhen

As the rapid urban expansion and the rise of consumer society, urban fringe areas have become an essential place for urban capital to intervene and achieve spatial regeneration, and it has triggered the consumerization and transformation of space. Taking Guangming Town in the urban fringe area of Shenzhen as an example, this paper reveals the process and dynamics of spatial consumerization transformation under the influence of capital intervention. It examines the intricate mechanisms of capital operation underlie the production of space, and endeavors to explore a novel model of rural spatial regeneration in China's urban fringe areas. This paper found that the production of space in Guangming Town under the capital intervention includes the material production and social relations production. With the reconstruction of spatial form and relationships, new local products, spatial configuration, social services and organizational relations are generated, forming a consumption space with heterogeneous landscape, market institutionalized management, commercialization and symbolization. The realization of the production of consumption space in urban fringe areas is based on the joint action of core elements such as land, capital and government, which provide the material foundation, operational power and coordination organization for space consumption. These promote capital to complete the triple cycle of "acquiring land - creating space scarcity - realizing space consumption", and then realizing space reproduction and capital appreciation. In the Chinese context, the spatial transformation and production of urban fringe areas should not be regarded as a local practice of Western counter-urbanization or rural gentrification theory. Rather, it as a new spatial regeneration mode that harmonizes urban and rural production, lifestyles and development trajectories. This paper offers valuable practical insights and analytical perspectives for promoting integrated urban-rural development and fostering a new type of urbanization, thereby broadening the regional framework of rural development.