Abstract: Villages are the original settlements of human lives. The activation and renewal of traditional villages have always been accompanied by the two different voices, which are protection and renewal. All kinds of social groups are calling for the preservation of cultural relics and supporting the conservation of cultural relics. In the meanwhile, they are all worried about how to activate and renew the traditional villages and create benefits. Could the protection and renewal of traditional villages coexist? The implement of traditional villages' protection and renewal planning is difficult, of which one of the important reasons is that the operation mode, system guarantee, fund guarantee and public participation are not perfect enough. Based on the introduction of "Revitalizing Historic Buildings Through Partnership Scheme" in Hong Kong, taking the revitalization plan of Blue House occupant as an example, this paper analyzes the innovation of the revitalization plan in the protection and renovation of traditional buildings, and puts forward the enlightenment of this plan on the protection and implementation strategy of the local traditional villages in Jinhua City.