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Standardize operations to promote high-quality development of PPP

The Ministry of Finance recently released news，Concentrated cleanup of government and social dafabet online betting websitecapital cooperation (PPP) projects has been carried out in various places，As of April 23rd，A total of 1,695 projects have been cleared and withdrawn from the inventory in various places、Investment amount involved 1.8 trillion yuan;2005 rectification projects reported、Investment amount involved 3.1 trillion yuan。Follow "Risk Prevention、Requirements to promote standards，PPP work focuses on strengthening standardized operations，From high-speed development to high-quality development，Realizing the transformation and upgrading of PPP projects、Improve quality and efficiency，Effectively improve the quality of public services。

PPP reform is to promote the supply of public goods and services、An important measure to attract and encourage private investment。Since 2014，PPP in municipal projects、Transportation、Applied in many fields such as environmental management。The Ministry of Finance approved the establishment of a national PPP comprehensive information platform project management database，Realizing online dynamic supervision and diversified sharing of information and data。

The PPP "clearance" work originated from the deployment of the Ministry of Finance in November last year。The Ministry of Finance issued a document at that time，Clearly “further standardize the operation of government and social dafabet online betting websitecapital cooperation (PPP) projects，Prevent PPP from becoming a new financing platform，Resolutely curb the increase in hidden debt risks”，And requires all provincial financial departments to carry out centralized cleanup of local project management databases。

"After more than 4 years of promotion，PPP work has made significant progress，Not only the market environment is gradually optimized，Project implementation continues to accelerate，Steady growth、Promote reform、Played a positive role in benefiting people’s livelihood，It also promotes the reform of government governance structure。But while the PPP industry is developing rapidly，It is inevitable that there will be irregularities such as "the mud is mixed with the sand" and "the fish is in the eye"。”Researcher at the Development Research Center of the State Council、Meng Chun, director of the China PPP Research Center at the University of Chinese Academy of Sciences, believes，These problems make it difficult for the PPP model to effectively play an active role，A lot of hidden risks have accumulated，We must make up our minds to investigate and clean up as soon as possible。

Previously，Stated by the relevant person in charge of the Ministry of Finance，While my country’s PPP development has achieved positive results，There are also some irregularities，Need to pay enough attention。For example，Local government，Too much emphasis on short-term investment results，And underestimate long-term risk prevention;Social capital，Focus on short-term interests and despise long-term operations，"Get money once the project is completed、Leave as soon as the project is completed”。

"Retire the database through cleaning，Remove non-standard PPP projects，Conducive to preventing and controlling local government debt risks，It is a positive measure to prevent and dafabet live casinoresolve major risks。" said Wang Xiaowen, consulting director of China Investment Consulting Company。

Meng Chun thinks，The centralized cleaning of the project library is a comprehensive "overhaul" of the PPP project，The purpose is to unleash the vitality of the real PPP mechanism，Let PPP projects be standardized and implemented smoothly。“Risk sharing should be firmly grasped、Benefit Sharing、Value for money、Performance orientation and other principles，Insist on standardized PPP projects，Promote the quality and efficiency of public services，Promote the stable and long-term development of PPP business。”

"Risk Prevention for PPP、Promoting standards” has been in progress。May last year，The Ministry of Finance, together with the National Development and Reform Commission and other departments, issued a notice regulating the debt financing behavior of local governments，Among them, local governments are required to regulate government and social dafabet online betting websitecapital cooperation (PPP)，It is strictly prohibited for local governments to use PPP and other methods to raise debt in a disguised manner in violation of laws and regulations。

In addition，Carrying out PPP project financial affordability demonstration is to ensure the performance of the project contract、The key to preventing and controlling medium- and long-term financial risks。According to regulations，The expenditure responsibilities that need to be arranged from the budget for all PPP projects in each year，The proportion of general public budget expenditure should not exceed 10%。

Currently，The 10% limit of fiscal affordability effectively controls the number of PPP projects in various regions、Scale，However, the expenditure responsibilities of some cities and counties have exceeded the limit，Need to be vigilant。To this，Stated by the Ministry of Finance，We will adhere Dafabet reviewsto the bottom line of standardized operations，Strictly control the red line of 10% of fiscal affordability，“Provide risk warnings for regions with expenditures accounting for 7% to 10%，Suspend the entry of new projects into the database for regions exceeding the 10% limit”。

Strict regulations are for better development。“PPP reform is conducive to transforming government functions、Encourage competition and innovation，Full release of market vitality，Increase new momentum for development，Improve the quality and efficiency of public service supply，Meet the people’s growing and diverse needs for a better life。Strict regulations are beneficial to the long-term development of PPP、Health、Sustainable Development。"Meng Chun thinks。

Latest statistics display，As of the end of March，The total number of projects in the national PPP comprehensive information platform project management database is 7420、Investment amount 11.5 trillion yuan。“Facing the huge domestic demand for public services，The market space for PPP development is still huge，The development prospects are still broad。"Meng Chun said。

Recently，Important signals for steadily advancing PPP are being sent out。For example，Formulate regulations on cooperation between government and social capital in the field of infrastructure and public services，Included in the 2018 Legislative Work Plan of the State Council;Ministry of Culture and Tourism、The Ministry of Finance issued the "Guiding Opinions on Promoting the Cooperation Model of Government and Social Capital in the Tourism Sector"，Proposed to strengthen work collaboration、Seven major policy guarantees including broadening financial support channels，Encourage the use of PPP model to improve the supply of tourism public services。

Statistical display，In the first quarter, the number and quality of dafabet online betting websitePPP management database projects have been improved。End of March，The total number of completed projects is 3324、Investment amount 5.5 trillion yuan，Falling rate 44.8%;A total of 1375 projects have been started，41 of the total number of completed projects.4%。

"PPP Cleanup Specifications，Conducive to stimulating the vitality of private capital investment，Effectively promote infrastructure construction，Make space for high-quality projects that promote green development。PPP development path，Move forward within the norms。" said Wu Yun, consulting director of China Investment Consulting Company。

  Source: Economic Daily (Reporter Zeng Jinhua)