Study by Jie Tan & Zhirong Zhao
China experienced a boom in newly announced PPP projects after a 2014 Budget law encouraged local governments to adopt the PPP approach for the delivery of vital infrastructure. The number of PPP projects initiated by local governments subsequently doubled every six months and as of October 2018, according to the Ministry of Finance (MOF), local governments had initiated 12,471 projects, with an expected investment of 17.3 trillion RMB (about 2.5 trillion dollars).
Related Articles
May 2025
Divergent Pathways: PPP Developments in the United Kingdom and the Republic of Ireland
April 2025
An Investigation of Corruption in Public-Private Partnership (PPP) Projects from Project Life Cycle Perspective
March 2025
Evaluating Fiscal Supports on the Public-Private Partnerships: A Hidden Risk for Contract Survival
February 2025
Using Public-Private Partnerships for Political Reasons: The Government’s Motivation and Conditions
January 2025
Political Incentives and Officials’ Behaviors in Public-Private Partnership Termination
December 2024
The Effects of Contractual and Relational Governance on Public-Private Partnership Sustainability