What is PPP?

PPP (Public-Private Partnership, PPP), one of the hottest terms in 2014, refers to the cooperation between the government and private organizations to build urban infrastructure projects or to provide some kind of public * **Goods and services, based on the franchise agreement, form a partnership-type cooperation relationship with each other, and the rights and obligations of both parties are clarified by signing a contract to ensure the smooth completion of the cooperation, and ultimately enable all parties to achieve the goal A more favorable outcome than expected by acting alone.

With the intensive promulgation of PPP policies by the Ministry of Finance and the National Development and Reform Commission and the continuous launch of PPP projects in various provinces and cities, my country's PPP market has officially entered a stage of large-scale operation, which has brought about urban development, Comprehensive reform of government governance, financial management, business models, development mechanisms, investment mechanisms, and financial mechanisms in the fields of public services, infrastructure construction, energy conservation and environmental protection, tourism culture, and elderly care and medical care.

In the future, there will be trillions of projects that will introduce social capital, and PPP will also become an important source of a new round of local infrastructure funds after land finance and financing platforms.

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