Abstract

AbstractThis study analyzes the difficulties faced by road development policy in China and evaluates the toll-road policy from a historical perspective. On the basis of experiences of foreign countries, the study examines the theoretical foundation and decision factors from the standpoint of goods supply theory and Maslow’s hierarchy of needs, as well as points out the strategic direction of policy adjustment for road development in China. Finally, the paper proposes that the country’s road-development policy adjustment should be based on reality and national conditions. The new policy should be just and efficient as well as promote freeway financing ability and public investment in toll-free roads to provide the public a fair and equal toll-free road system with high quality and efficiency.

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