Abstract: Nowadays,promoting urban regeneration by culture is a crucial strategy in the world.This culturally oriented development strategy has created many win-win situations.However,it has also caused many problems,especially the impact on local culture,such as spatial variation and cultural crisis.This paper takes historical blocks as an example to analyze the ineffectiveness of urban cultural capital conversion.This paper argued that the key to build a city truly connected with culture,which is different from the kind of the dominance of capital logic,is to standardize urban space and to highlight the model shaping of urban cultural capital.As a mutually beneficial development concept in the new era,“A Community of Common Destiny” provides a new analytical dimension for the integration of sustainable development of urban space,the transformation of local resources and urban spirit.