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2016 | OriginalPaper | Chapter

Problems and Countermeasures of PPP Mode in China

Authors : Xuejing Hou, Yanzhang Wang

Published in: Proceedings of 2015 2nd International Conference on Industrial Economics System and Industrial Security Engineering

Publisher: Springer Singapore

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Abstract

China’s current financial situation is grim; PPP mode has become an important channel for local financing; and PPP projects will grow rapidly this year in China. The authors believe that PPP should improve top-level design, strengthen the financial-sector PPP project veto, and establish and improve relevant legislation in order to play the role of intermediary organizations, supervise service, and protect the interests of both government and business interests to prevent the BCC from triggering a local debt systemic risk.

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Literature
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go back to reference China’s government work report (2015) National People’s Congress, Beijing China’s government work report (2015) National People’s Congress, Beijing
2.
go back to reference Jiakang S (2009) The concept of public-private partnership (PPP), the origin, characteristics and functions. Public Finance Research, Beijing Jiakang S (2009) The concept of public-private partnership (PPP), the origin, characteristics and functions. Public Finance Research, Beijing
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go back to reference Jiakang (2013), China needs to build and develop the core of the new reform supply-side economics. Public Finance Research, Beijing Jiakang (2013), China needs to build and develop the core of the new reform supply-side economics. Public Finance Research, Beijing
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go back to reference Gushengzu (2014) The new “Budget Law” and the local government debt risk control. Social Science Front, Beijing Gushengzu (2014) The new “Budget Law” and the local government debt risk control. Social Science Front, Beijing
Metadata
Title
Problems and Countermeasures of PPP Mode in China
Authors
Xuejing Hou
Yanzhang Wang
Copyright Year
2016
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-287-655-3_42