Application Research Of PPP Model In Underdeveloped Areas Of Western China

Along with the national Supply-side reform,strong economic growth pulled by investment in the past years gradually transformed into internal impetus driving economic growth,the economic growth rate gradually stabilized,the domestic economic structure and growth mode in the event are now having a huge,deep,stable and fast change.Under the mode of investment driven economic development,the government has been the main force of investment,playing a major role in infrastructure construction and urban development.It has greatly promoted the improvement of people's living standard and realized the prosperity of the country.In the future,with the vigorous promotion of Supply-side reform,a better life and a balanced development will be achieved.But because of China the problems faced by the vast territory and abundant resources,different people's needs is also different.As far as the macro level of fiscal revenue and expenditure is concerned,all provinces and cities all over the country are under the pressure of unbalanced balance of payments,and the overall debt of the government is reasonable.In particular,some provinces have a high debt rate,and the problems facing the western provinces are more prominent.Because of the relatively low level of economic development for a long time,the fiscal expenditure is more dependent on the central government transfer payments than the eastern provinces,the idea of officials are lagging behind the eastern region,there is a big gap between the western and the eastern areas in the overall infrastructure construction,there is also a big gap between the western and eastern region in business environment,and There is not enough attraction for capital and to investment in the West and there is not enough attraction for those people who have extraordinary ability to work for the development of the western.and the formation fell into a non virtuous circle,if those western areas can not catch the golden opportunity of nineteen new era and "The Belt and Road" development,they will miss the opportunity to rise.The opportunities for the new era for Gansu and other less developed areas lie in infrastructure development and the development of tourism,trade and other industries promoted by infrastructure construction.Infrastructure construction is limited by the state's control of government debt,especially in the national highway area,the PPP model,which can only be used by government and social capital.This thesis summarizes the current research results of PPP model,nearly 40 years of domestic classic success and failure cases were summarized,and combined with the characteristics of infrastructure construction,according to the characteristics of underdeveloped areas,respectively,from the government and social capital perspective summarizes the PPP mode of cooperation the main principles and suggestions.After that,the relevant parties in the PPP model are combed one by one,and a general summary of the concerns of the related parties is made.Do further combing and comparison of PPP financing mode at present,analyzes the characteristics of different financing modes and risks,and then made a brief combing and summary of the government policy since 1980 regulations,contrasts the domestic and foreign policy,this paper summarizes the current situation of domestic related policies and the next step of the financial institutions and the direction of the work,and puts forward the idea of further exploration.Finally,combined with the research results,focusing on a representative provincial highway case of underdeveloped areas,we discussed and analyzed the financing structure and mode selection,calculated the optimal financial structure under the cooperation between government and enterprises to achieve win-win situation.the key to exit mechanism was also discussed and also the coordination mechanism under extreme conditions,then we analyzed on the contract and the mechanism of risk sharing arrangements.According to the result of the case discussion,the proposal of implementing PPP model in less developed areas is given from the perspective of government and social capital.