Abstract
In order to study how to promote the new infrastructure construction by PPP model, this paper summarizes the meaning and characteristics of Public-Private Partnership, elaborates the significance of PPP model applied in new infrastructure, and expounds the problems faced by PPP model applied in new infrastructure. The paper shows that if we overcome the difficulties for the PPP model, the PPP model can promote the new infrastructure construction. And the paper gives some suggestions: changing the traditional role played by the government, highlighting its guiding function, formulating rational distribution of interests, resolving dispute reasonably, forming scientific and rational pricing mechanism for the public good and service, cultivating specialized personnel.
Highlights
IntroductionThe conference defined “5G, artificial intelligence, industrial internet, EPC network” as “New Infrastructure Construction”, and put forward speeding up the construction of new infrastructure
At the end of 2018, the National Annual Economic Conference was held in Beijing
In order to study how to promote the new infrastructure construction by PPP model, this paper summarizes the meaning and characteristics of Public-Private Partnership, elaborates the significance of PPP model applied in new infrastructure, and expounds the problems faced by PPP model applied in new infrastructure
Summary
The conference defined “5G, artificial intelligence, industrial internet, EPC network” as “New Infrastructure Construction”, and put forward speeding up the construction of new infrastructure. Since 2014, Public-Private Partnership model had been applied in traditional infrastructure. It is significant to study how to extend the experiences to new infrastructure construction. This paper helps us understand the nature of the Public-Private Partnership model and learn from experiences, better improve the quality and efficiency of new infrastructure. Some view the PPP model from the public perspective. Ma (2017) thinks the PPP model’s aim is to reduce the government’s financial burden and accelerate the construction of local urban infrastructure projects [3]. Some view the PPP model from the private capital perspective. Other scholars view PPP model from the perspective of risk. Zhou (2017) thinks the risk mainly comes from four aspects: policy, finance, technology and operation [8]
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