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Table 4 Major investments during the advanced commodification stage

From: Heritage tourism evolution in Guangfu Ancient City, Hebei Province, China: an analysis with the improved creative destruction model

Investments

Progress

Investment (million RMB)

Projects of the heritage landscape

 ‘Wu’s Courtyard’ renovation

Completed (2014)

15

 Expansion of Wu Yuxiang’s former residence

N/A

35

 ‘Tong’s Courtyard’ restoration

Completed (2016)

40

  Restoration of old city government

Completed (2016)

85

 Qinghui Academy and International Tai Ji Exchange Centre

In progress

160

 Construction of the ancient street of South Street

Planning

200

 Zhao’s restaurant restoration

Completed

40

 Node renovation and upgrading project

In progress

143

 Tai Ji Cultural Industrial Park

Planning

150

 Tai Ji themed performance

Planning

5

 Tai Ji culture and event performance

Planning

9.86

Projects of the tourism landscape

 Xiguan Waterpark Project

Completed (2014)

120

 Water Reception Centre

Completed (2014)

50

 Tai Ji City

In progress

3000

 Tai Ji Code Water City

In progress

300

 National Angling Centre project

In progress

30

  1. Data Source: Summary of Guangfu Ancient City tourism development, 2008–2017