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While there are many negative review of ‘land finance(土地財政)’ in Chinese academic community, some scholars emphasize positive aspects of ‘land finance,’ He-Xuefeng(賀雪峰) is a representative scholar who champions rationality and usefulness of ‘land finance.’ This paper explores what kind of social factors affect the formation of He-Xufeng’s knowledge. The existing research contends that the higher the academic status of a scholar, the easier the birth of a new knowledge, because he/she can mobilize the necessary resources more easily. Though He-Xuefeng has a lot of resources to produce a new knowledge, but his academic status is not high at all, especially in a symbolic dimension. Rather, this paper contends that the ‘opportunity structure’ in meso-level of academic community is decisive in the formation of He-Xuefeng’s new knowledge. There are three kinds of opportunity structure; the first is ‘the new type of urbanization’, the plan that Chinese Communist Party recently proposed as a strategy to promote urban population growth; the second is the fierce competition the Chinese publishing companies has faced since the reform of the culture system, including the textbooks market; the third, most important, is an inconsistency of academic norm in Chinese academic community. There are two different academic networks in Chines academic community, and the difference is related with an inconsistency of academic norm. He-Xuefeng could gain some research materials by this network, and receive the review and the support of peer reviews. The emergence of He-Xuefeng’s new knowledge is subject to the inconsistency of academic norm.