Abstract: By constructing the “capital-power- stratum” analysis framework, the dynamic mechanism of space production of Guangzhou civil finance street was studied. It suggestes that the new space of Guangzhou civil finance street is produced by the cooperation of market，government and socail force. Pursuing the largest profits，capital moves into civil finance area and loan-only agencies investe in built environment and social consumption. To realize political，economic and social targets，the government creates favorable conditions to guide capital to specific spaces. Facing the production of new space，different sorts of social strata have different attitudes including transformation，delivery，assistance and acceptance，which lead to production of diversified spaces.