App

China adds 165 new PPP projects in January-May
Updated: June 28, 2021 06:56 Xinhua

BEIJING — China saw 165 new public-private partnership (PPP) projects registered in the first five months of the year, according to the country's top economic planner.

Of the total, 51 were related to urban infrastructure, data from the National Development and Reform Commission shows.

Sectors including agriculture, forestry, water conservation, social development, transport and environmental protection also reported new PPP projects during the period.

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

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

Copyright© www.gov.cn | About us | Contact us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn | Contact us

Website Identification Code bm01000001

Registration Number: 05070218