The Application Of "Shadow Tolling" In Traffic Infrastructure

China has made great achievements in transportation infrastructures in several decades, behind the rapid growth in the total volume, there are two problems: Regional distribution of transportation infrastructures is not rational and the amount of per capita is low. So in the future for quite some time, the state will continue to promote the construction of transportation infrastructure projects vigorously, especially in the western areas which are underdeveloped. According to the large funding gap of construction of transportation infrastructures and the lacking of effective channels, there is an urgent need to develop some new financing models, as to easing the government's pressure on financing for constructions.AS a new financing model of modern project financing modes, ST has several successful applications in western countries. The introduction of ST mode in transportation infrastructures would bring two positive effects for the government: Enables the government to extend the time for payment, at the same time the government can control the costs by making the payment amount linked with the social benefits brought by the project.Based on this background, this thesis does research on the application of ST in China's transportation infrastructures. Main content of the study is divided into three parts.Firstly, analyze the status of China's transportation infrastructures, Identify the inadequacies of the constructions of transportation infrastructure, and on this basis, we can find that ST mode is suitable for China's current transportation infrastructure constructions through the comparisons of several financing modes.Then, make a comprehensive analysis of ST mode, including the background of ST, investment structure, operation process, suitable conditions and related risk control and so on.Finally, describe the making method of the payment structure of ST mode and extend the method by embedding the indicator of GDP and weighted multi-indicators.The main innovations are as follows: 1. Analysis the current status of China's transportation infrastructures, do comparisons of several modern financing modes, provide a reference to the government.2. Make a comprehensive analysis of ST, including the background of ST, investment structure, operation process, suitable conditions and related risk control and so on.3. Extend the making method of the payment structure by imbedding weighted multi-indicators.