Abstract: At present, China has entered the age of industrialization and high-quality development. With the adjustment of economic structure and industrial transformation and upgrading, a large amount of urban brownfields are in urgent need of governance and redevelopment. This paper reviews typical approaches, main measures, applicable scope and fund raising of developed countries like Europe and America in dealing with urban brownfield governance and development, analyzes and summarizes their main experience. Based on the summary and the existing problems in China, it puts forward countermeasures and suggestions to promote urban brownfield management and development in four aspects including improving the system of laws and regulations governing brownfield management, establishing database of soil pollution and risk prevention and its control system, building a diversified investment and financing guarantee system, and establishing the public participation and social supervision mechanism.