Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
It’s not sports! Overzealous fans should respect their idols
Experts in China studies impressed by city’s transformation during site visits
Sunday
- Subscribe
Related News
Funds via asset securitization for PPPs
Print Edition
PUBLIC-PRIVATE partnerships in the infrastructure sector will now be allowed to raise funds through asset securitization, according to a statement yesterday.
As an important method of financing, asset securitization will help attract more private investors to participate in PPPs, according to the statement issued jointly by the National Development and Reform Commission and the China Securities Regulatory Commission.
Infrastructure PPPs in line with China’s national development strategy, such as those related to the Belt and Road initiative, should be encouraged to use asset securitization.
Local securities regulators will be asked to improve related approval procedures, and help establish risk control systems, the statement said.
PPPs are collaborative projects between government and private companies.
Chinese authorities have explored funding infrastructure through PPPs since late 2013, amid growing concerns over rising local government debt incurred through local financing vehicles.
PPPs aim to leverage private sector investment to meet local government investment shortfalls.
Over 1,000 PPPs, with a total investment of about 1.8 trillion yuan, have been inked so far this year, with private firms playing the leading role.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
