A Conceptual Research of Public Private Partnership (PPP) Modeling on the Pandemic Recovery in China

Abstract

This conceptual paper explores the relevance and potential of Public Private Partnerships (PPPs) in the context of pandemic recovery in China. It provides a comprehensive overview of PPPs, including their definition, key concepts, types, benefits, and challenges. The paper examines the global experience with PPPs in crisis recovery and highlights their applicability in addressing the socio-economic impacts of the pandemic. Furthermore, it presents a conceptual framework for implementing PPPs in China's pandemic recovery efforts, considering the socio-economic context, stakeholder analysis, legal and regulatory considerations, risk allocation and mitigation strategies, and financial models and funding mechanisms. The paper also explores sector-specific applications of PPPs in transportation and infrastructure, healthcare and medical services, education and skills development, tourism and hospitality, and renewable energy and sustainable development. Additionally, the paper discusses implementation challenges and offers mitigation strategies related to institutional capacity and governance, project selection and procurement, transparency and accountability, and public perception and communication. The findings of this conceptual paper provide insights into the potential of PPPs in pandemic recovery, their implications for policy and practice, and future research directions.