November 2022

Government Subsidies and the Development of PPP Projects: Evidence from China

Eoin Reeves (ed), University of Limerick, Ireland

Article by Zhen Li, Yanyan Shen and Maogang Tang

There has been a boom in PPP activity in China in recent years.  According to the authors of this paper, as of December 2019, the official data indicated that 9,440 projects, with an investment value of RMB 14.4 trillion were at different stages of development.  However, despite rapid development, the outcomes of PPP in China are unsatisfactory.  For example, a significant proportion of listed PPP projects have not reached the stage when contracts are signed.  In addition, the share of signed PPP contracts that have commenced construction is relatively low and media reports suggest that over half of listed PPP projects may not commence construction.

Login to unlock
Unlock this article
Related Articles
Divergent Pathways: PPP Developments in the United Kingdom and the Republic of Ireland

May 2025

Divergent Pathways: PPP Developments in the United Kingdom and the Republic of Ireland

An Investigation of Corruption in Public-Private Partnership (PPP) Projects from Project Life Cycle Perspective

April 2025

An Investigation of Corruption in Public-Private Partnership (PPP) Projects from Project Life Cycle Perspective

Evaluating Fiscal Supports on the Public-Private Partnerships: A Hidden Risk for Contract Survival

March 2025

Evaluating Fiscal Supports on the Public-Private Partnerships: A Hidden Risk for Contract Survival

Using Public-Private Partnerships for Political Reasons: The Government’s Motivation and Conditions

February 2025

Using Public-Private Partnerships for Political Reasons: The Government’s Motivation and Conditions

Political Incentives and Officials’ Behaviors in Public-Private Partnership Termination

January 2025

Political Incentives and Officials’ Behaviors in Public-Private Partnership Termination

The Effects of Contractual and Relational Governance on Public-Private Partnership Sustainability

December 2024

The Effects of Contractual and Relational Governance on Public-Private Partnership Sustainability