The Risk Management Of Commercial Banks Taking Part In PPP Projects Financing

China's urban construction and infrastructure investment brings huge financing needs,but local government-dependent land finance is unsustainable,the traditional local government financing model ills,and credit stimulation of the old road has also been proven to be in trouble,so the government is eager to solve these problems by intruducing the social capital.The promotion of PPP mode can continuously and effectively promote the investment and financing system reform,resolve the local government's debt risk,and change the supply mechanism of public goods.The government advocates the PPP mode and encourages more social capital to participate,however,the PPP project generally has the characteristics of large investment volume,many participants and many complex contracts,which makes the commercial banks face complex risks when providing limited recourse loans to the project.Therefore,it is of great theoretical value and significance for the commercial banks to participate in the PPP project financing to effectively carry out risk management to ensure that the government and social capital can provide financial support and financial services,at the same time the principal and interest can be recovered in full time.First of all,this paper expounds the definition and classification of the PPP mode,and the risk characteristics of project financing.The analysis shows financing structure of the PPP project is complex,there are many uncertain factors.the financing contract will have a fundamental change in financing object,repayment source,risk prevention,and so on,and commercial banks will face a new challenge.On this basis,the paper analyzes the value of participating in the PPP project financing for the commercial banks.According to the PPP project's full life cycle of capital and service demand,it analyzes in detail the way of traditional financial services of commercial bank in PPP mode,highlights the innovative financial services program,and suggests broadening the financing channels and extending financial services in order to reduce the financing risk and project risk.Finally,in the PPP mode,risk allocation and management of commercial banks should make covers for the total life cycle of the project,participate in all-round project financing,construction operations and transfer,put the project's risk factors at various stages into the bank's new risk management system.Commercial banks can sign the related contracts and terms before the project financing to disperse risk,determine the main body of risk by participanting in the game analysis of risk sharing,and improve the project's overall satisfaction for the society.This paper studies the commercial bank's risk control strategy and the prevention and control of key risks in PPP mode,puts forward some risk management countermeasures for commercial banks to the PPP project financing,and tests the commercial bank's service plan and risk management level in the actual participation in the process of the PPP project by taking chizhou sewage disposal PPP project as an example,and then puts forward the conclusions and suggestions.