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Research And Application Of PPP Financing Mode In The Construction Of Our High-speed Rail Construction

Posted on:2016-04-17Degree:MasterType:Thesis
Country:ChinaCandidate:W N ZhangFull Text:PDF
GTID:2309330467990472Subject:Business Administration
Abstract/Summary:PDF Full Text Request
With the rapid growth of China’s economy, railway has played a more important rolein the construction of infrastructure. The contradiction between capacity and demandmounted up steadily, the data suggested that China’s railway operation mileage has kept a1.8%annual growth in the past30years, by sharp contrast with the overwhelming GDPgrowth. China has taken great efforts to upgrade the technology of high-speed railways andput it into practice, the work has progressed steadily and went global. China’s railwayoperation mileage has exceeded11000kilometers by the end of2014. But due to the highsaving rate, financial investments and debt funds are the key supports of the constructionof high-speed railways. High expense and long-term fiscal problems mattered obviously,and eventually impedes the development of China’s economy and railways.Public-Private-Partnership mode has been applied in multiple fields in the recent years, theauthor agrees that the proper usage of private capitals in high-speed railway constructionwill play an effective role in solving the contractions.In the context of the accelerating of the high-speed railway construction, and thegoing out strategy, the thesis firstly tries to summarize the pattern of China’sPublic-Private-Partnership mode, and then learns from the advanced foreign developmentmodel, in order to optimize the practice of China’s Public-Private-Partnership mode in theconstruction of high-speed railways, and finally comes up with suggestions. Literatureresearch method, case analysis method, comparative research method and experiencesummary method are commonly adopted during the research. The research method ismainly used in the definitions, concepts and references, case analysis method is mainlyused in analyzing the current domestic Public-Private-Partnership mode, comparativeresearch method and experience summary method is mainly used in expounding thePublic-Private-Partnership mode in foreign countries and come up with inspiration.
Keywords/Search Tags:Public-Private-Partnership mode, High-speed Railway, Private Capital, Financial Structure
PDF Full Text Request
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