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China adds 373 public-private partnership projects

Abstract : China saw 373 new public-private partnership (PPP) projects registered in the first half of the year, according to the country's top economic planner.

BEIJING, July 19 (Xinhua) — China saw 373 new public-private partnership (PPP) projects registered in the first half of the year, according to the country’s top economic planner.

A total of 127 projects were related to urban infrastructure, data from the National Development and Reform Commission showed.

Sectors including agriculture, forestry, water conservation and transportation also reported new PPP projects in the period.

PPPs act as collaborative investment models between government and private companies.

Chinese authorities have been exploring funding infrastructure and public works through PPP models in recent years, aiming to reduce local government debts and provide new opportunities to private capital. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy,BRI Trade,BRI Investment,Belt and Road weekly,Know Belt and Road,and the integrated information services for the Belt and Road Initiative (BRI).

Source: China adds 373 public-private partnership projects

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