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    Home > Chemicals Industry > Chemical Technology > China's smart city construction draws on foreign advanced experience to introduce the PPP model

    China's smart city construction draws on foreign advanced experience to introduce the PPP model

    • Last Update: 2022-11-19
    • Source: Internet
    • Author: User
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    Once the concept of "smart city" was proposed, it has become a hot spot in the world, developed countries have invested in smart city construction, and China has also emerged in recent years with the concept of smart city as the core of a new generation of urban informatization construction climax
    .
    In the past year or so, the Chinese government has learned from the advanced experience of foreign smart city construction, and has also begun to introduce the PPP model into domestic smart city construction
    .

    Over the past year, the State Council and local provinces and municipalities have successively issued relevant policy documents on the PPP model, among which the National Development and Reform Commission and the Ministry of Finance have repeatedly introduced policies to encourage PPPs
    .
    First, the NDRC issued the Guiding Opinions on Public-Private Partnership and the General Contract Guidelines for Public-Private Partnership Projects (2014 Edition), encouraging BOT, BOO and other forms to improve project operation efficiency
    .

    In China, different industries and departments also have different interpretations and definitions
    of PPP.
    No matter how it is defined, the successful implementation of PPP projects is inseparable from the basic elements such as effective implementation agencies, professional qualified investors, necessary incentive and constraint mechanisms, effective risk sharing and dispute resolution mechanisms, and sound policies and regulations.

    In terms of demand, the construction scale and investment of smart cities are huge, and the government needs to explore and study various market operation modes to solve the problem of huge construction funds and sustainable development, and different regions may apply different models
    .

    Once the concept of "smart city" was proposed, it has become a hot spot in the world, developed countries have invested in smart city construction, and China has also emerged in recent years with the concept of smart city as the core of a new generation of urban informatization construction climax
    .
    In the past year or so, the Chinese government has learned from the advanced experience of foreign smart city construction, and has also begun to introduce the PPP model into domestic smart city construction
    .

    PPP mode

    Over the past year, the State Council and local provinces and municipalities have successively issued relevant policy documents on the PPP model, among which the National Development and Reform Commission and the Ministry of Finance have repeatedly introduced policies to encourage PPPs
    .
    First, the NDRC issued the Guiding Opinions on Public-Private Partnership and the General Contract Guidelines for Public-Private Partnership Projects (2014 Edition), encouraging BOT, BOO and other forms to improve project operation efficiency
    .

    In China, different industries and departments also have different interpretations and definitions
    of PPP.
    No matter how it is defined, the successful implementation of PPP projects is inseparable from the basic elements such as effective implementation agencies, professional qualified investors, necessary incentive and constraint mechanisms, effective risk sharing and dispute resolution mechanisms, and sound policies and regulations.

    In terms of demand, the construction scale and investment of smart cities are huge, and the government needs to explore and study various market operation modes to solve the problem of huge construction funds and sustainable development, and different regions may apply different models
    .

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