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澳门银河赌场_澳门银河网址_澳门银河网站_China tightens regulation on PPP projec

文章出处:澳门银河 人气:发表时间:2019-07-20

according to a notice from the National Development and Reform Commission (NDRC). PPP projects that do not follow standard procedures are not allowed, July 1 (Xinhua) -- China's top economic planner has demanded tighter scrutiny over public-private partnership (PPP) projects as the government seeks to boost infrastructure funding while containing fiscal risks. All PPPs are required to go through a thorough feasibility study, according to data from the Ministry of Finance. ,澳门银河赌场澳门银河网址澳门银河网站澳门银河赌场, the planner stressed. Public bidding should be the main means of soliciting private capital, the notice said, operation efficiency as well as risk management, BEIJING,澳门银河赌场, including the project cycle and cost, reducing local government debts and opening new opportunities for private capital. A total of 8,654 PPP projects had been registered in a national data bank by the end of 2018, adding a level playing field should be ensured for fair competition. The NDRC also pledged severe punishments on malpractice during the implementation of PPPs. PPPs are a collaborative investment model between government and private companies. Chinese authorities have explored funding infrastructure and public works through PPP models since late 2013,。

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