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Research On The Application Of PPP Financing Mode On Project A's Construction Of Sichuan HX Group

Posted on:2019-01-19Degree:MasterType:Thesis
Country:ChinaCandidate:L KangFull Text:PDF
GTID:2359330548950451Subject:Business Administration
Abstract/Summary:PDF Full Text Request
China's economy has long relied on the troika of investment,consumption and net exports.In recent years,the impact of the overall depression of the world economy has exerted a great impact on China's export economy,which has greatly affected our economic growth.To maintain a good momentum of economic growth,quite some time in the future,China's economy will continue to focus on investment to drive economic growth,especially through the investment of the construction of the urbanization.However,from the perspective of local government's financial situation,some provinces and cities have unreasonable economic structure and excessive investment,which makes the financial situation difficult and the debt ratio remains high.At the same time,the national government debt audit which issued by the state council,the local government debt and other normative documents,greatly restricted the local government to promote regional economic growth of urbanization construction investment and borrowing.Based on the above background,the PPP Financing Mode is in the view of the Chinese government.PPP Financing Mode is a kind of mode which has been long studied and used in many advanced countries.The mode has a lower government financial pressure,risk sharing,improve the efficiency and advantages of the marketization operation,and can keep the government service function and social capital in a balanced manner,becoming a new starting point and opportunity of the social capital to cooperate with the government.The research project of this paper is the infrastructure project of old industrial zone along the river of Yibin port-neighboring economic and technological development zone,which is the breakthrough point for the comprehensive deepening reform of Yibin.This paper will comb earnings and risk bearing of the PPP project Sichuan HX Group has been involved in,facilitating Sichuan HX Group to later continue to strengthen the cooperation with the province other municipal government,to improve its profitability.This paper is based on the existing mainstream definitions and results for the PPP mode at home and abroad,using the theory of economics,public administration,public finance,and the basic theory and method of project management disciplines,combined with Yibin,Sichuan province and China's planning outline,Yibin fiscal situation and Sichuan Huaxi group's actual financial status of the specific implementation unit in the project,to analyse the case of Sichuan HX Group of using the PPP financing pattern in Yibin port-neighboring economic and technological development zone along the Yangtze river and old industrial infrastructure project construction,study the necessity of the project using the PPP financing model,and the main risk and promote use of value,and puts forward some Suggestions,enables the PPP project to the implementation of more effective,and to promote urbanization and economic development of Yibin port-neighboring economic and technological development zone,at the same time increase the economic benefits of Sichuan HX Group to achieve mutual benefit and win-win between all parties.
Keywords/Search Tags:PPP, Project financing, Financial evaluation, Risk management
PDF Full Text Request
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