2021-12-07

Quarterly Report on the Project Database of the National PPP Integrated Information Platform 3rd Quarter of 2018

(16-JAN-2019)


Executive Summary

The following is a summary of China PPP Integrated Information Platform Management Database as of the end of the third quarter of 2018:


Projects in Management Database

For the third quarter of 2018 (from July to September), increase of project entering in management database is 540 with an investment of RMB 347.1 billion yuan. From January to September, increase of project entering in management database is 1,152 with an investment of RMB 1.5 trillion yuan. As of the end of September, the accelerated number of project is 8,289 with an investment of RMB 12.3 trillion. In terms of commercial closed projects, the third quarter of 2018 witness an increased of 421 commercial closed projects with an investment of RMB 313.5 billion yuan; from January to September, there is an increase of 1,360 commercial closed projects with an investment of RMB 1.7 trillion yuan, the commercial closed rate increased 11.1 ppts; there are 4,089 commercial closed projects with an investment of RMB 6.3 trillion yuan, the commercial closed rate is 49.3%. In the third quarter of 2018, an increase of 174 projects have started construction with an investment of RMB 101.5 billion yuan. There are accumulated 1,860 projects have started construction in the management database with an investment of RMB 2.6 trillion yuan, the construction rate is 45.5%. In terms of regional distribution, Yunnan, Guangdong, and Jiangsu ranked the top three in terms of the number of projects entered in the management database in the third quarter, respectively 113, 107, and 63; Yunnan, Zhejiang and Jiangsu ranked the top three by investment amount of the newly entered projects, respectively, RMB 190.6 billion yuan, RMB 130.1 billion yuan and RMB 128.8 billion yuan; Shandong (including Qingdao City), Henan, and Guizhou ranked the top three by the accumulated number of projects in the management database, respectively 729, 642 and 498; Guizhou, Yunnan, and Zhejiang ranked the top three by investment amount of the total projects, respectively, RMB 972.4 billion yuan, RMB 946.3 billion yuan, and RMB 900.5 billion yuan. In terms of sector distribution, municipal works, ecological construction and environmental protection and transportation ranked top three by the number of projects entered into the management database in the third quarter of the 2018, respectively, 172, 132, and 56; integrated urban development, ecological construction and environmental protection and water conservancy ranked top three by investment amount of project entries, respectively, RMB 161.5 billion yuan, RMB 37.2 billion yuan and RMB 30.5 billion yuan. Municipal works, transportation, ecological construction and environmental protection ranked top three by total number of projects in the management database, sharing 62.3% of the total number of management database projects; municipal works, transportation, integrated urban development ranked top three by total investment, sharing 72.2% of the total investment of management database projects. In terms of private enterprise participation, there are a total of 4,018 out of 4,089 commercial closed projects completing their social capital’s ownership information in the database, including 6,753 social capital and 35.3% of them are private enterprises. Private enterprises participated in 1,711 projects with an investment of 2.1 trillion yuan, sharing 44.8% and 34% of the 4,018 commercial closed projects. In terms of consumer sector basic public services (culture, sports, healthcare, senior care, education and tourism), for the third quarter, there are total 1,409 projects with an investment of RMB 1.3 trillion yuan in the management database. In terms of pollution prevention and green and low-carbon projects, in the third quarter, there is an net increase of 326 projects with an investment of RMB 101.4 billion yuan; there are 4,519 projects with investment of RMB 4.4 trillion yuan in the management database. In terms of the Yangtze River Economic Zone (Shanghai, Jiangsu, Zhejiang, Anhui, Jiangxi, Hubei, Hunan, Chongqing, Sichuan, Yunnan, Guizhou), the accelerated number of project is 3,739 with an investment of RMB 6.3 trillion, sharing 45.1% and 51.3% of the management database projects; the accelerated number of commercial closed project is 1,780 with an investment of RMB 3.2 trillion, sharing 43.5% and 50.5% of the management database projects. In terms of the Beijing-Tianjin-Hebei Region, the accelerated number of project is 423 with an investment of RMB 782.2 billion, sharing 5.1% and 6.4% of the management database projects; the accelerated number of commercial closed project is 216 with an investment of RMB 476.3 billion, sharing 5.3% and 7.5% of the management database projects. In terms of return mechanism, in the third quarter, there is an net decrease of 92 user-pay projects with an investment of RMB 143.5 billion yuan; there is an net increase of 509 government-and-user-pay projects with an investment of RMB 513.2 billion yuan; there is an net increase of 123 government-pay projects with an investment of RMB 22.7 billion yuan. There are 623 user-pay projects with investment of RMB 915 billion yuan; there are 4,407 government-and-user-pay projects with investment of RMB 8 trillion yuan; there are 3,259 government-pay projects with investment of RMB 3.4 trillion yuan.

 

National Demonstration Projects

As of the end of September, the 4 batches of national demonstration projects totaled 990 with a total investment of RMB 2.1 trillion. Commercial closed demonstration projects, there is an net decrease of 1 commercial closed national demonstration projects with an investment of RMB 94.6 billion yuan. Decline in number and investment of projects due to commercial closed demonstration project withdrawal. The commercial closed rate of the third quarter increased 1.6 ppts compared to that of the second quarter, and increased 1.7 ppts compared to that of early 2018. From Juanary to September, there is an increase of 268 national demonstration projects with an investment of RMB 386.1 billion. As of the end of September, commercial closed projects totaled 865 with an investment of RMB 1.9 trillion and commercial closed rate of 87.4%; among them, 485 commercial closed demonstration projects have been started, with investment of RMB 937.3 billion yuan, accounting for 56.1% of total. In terms of regional distribution, by the number of commercial closed demonstration projects, Henan and Shandong (including Qingdao city) ranked top with 73 projects entering implementation stage; followed by Yunnan (63) and Anhui (55). Yunnan, Hebei, and Zhejiang ranked top three by investment amount of demonstration project, respectively RMB 267.1 billion yuan, RMB 202.6 billion yuan, and RMB 134.7 billion yuan. In terms of industrial distribution, municipal works with 380, transportation with 87, ecological construction and environmental protection with 83 ranked top three by the number of demonstration projects; municipal works, transportation, and integrated urban development ranked the top three by investment amount of demonstration project, respectively RMB 687.7 billion yuan, RMB 593.7 billion yuan, and RMB 218.7 billion yuan. In terms of private enterprise participation, there are 1,519 signed private sectors for 865 commercial closed demonstration projects, including 39.7% of private enterprises; private enterprises participated in 448 projects with an investment of RMB 750.9 billion yuan, sharing 51.8% and 39.2% of the commercial closed projects.

 

Projects in Pre-pipeline Database

As of the end of September, there are 4,181 projects with an investment of RMB 5.0 trillion yuan in the Pre-pipeline Database of the National PPP Integrated Information Platform.


Body text

In accordance with requirements of the Notice on Standardizing the Operation of PPP Integrated Information Platform (CJ [2015] No. 166), China PPP Integrated Information Platform and Management Database was established. The whole life-cycle of a PPP project contains five phases, respectively identification, preparation, procurement, implementation and transfer. The management database includes the PPP projects that are in the preparation, procurement, implementation and transfer phases. As of the third quarter of 2018, the report on management database is set out as follows:

 

I. Projects in Management Database

The third quarter witnessed an net increase of 540 projects entries in management database with an investment of RMB 347.1 billion yuan. From January to September, there is an increase of 1,152 projects in management database, with an investment of RMB 1.5 trillion yuan. As of the end of September, there are 8,289 projects in the management database, with investment of RMB 12.3 trillion.

 

Commercial closed rate, which refers to the ratio of the number of projects reaching implementation and transfer phase to the total number of projects in the management database. For the third quarter, there is an increase of 421 projects reaching commercial closed in management database, with an investment of RMB 313.5 billion yuan. From January to September, there is an increase of 1,360 commercial closed projects with an investment of RMB 1.7 trillion yuan, the commercial closed rate increased 11.1 ppts. As of the end of September, there are 4,089 commercial closed projects with an investment of RMB 6.3 trillion yuan, the commercial closed rate is 49.3%.

 

(I) The overall trend of the Projects in the Management Database shows a steady rise.

As of the end of September, there are 8,289 projects with approved Value for Money evaluation and fiscal affordability assessment, covering 31 provinces (autonomous regions, municipalities) and Xinjiang Corps and 19 sectors. Please see Figure 1-1-1 for the number of projects in the management database, and Figure 1-1-2 for investment amount from January 2017 to September 2018.

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(II) The local government continues to enforce regulation of PPP Projects

For the third quarter, the local government continue to reinforce the management of the management database and remove the irregularities according to the Circular on Regulating Project Database of the National PPP Integrated Information Platform (CaiJin [2017] No.92). During the third quarter, 538 of projects with the involved investment amount at RMB 0.9 trillion yuan has been removed from the PPP Integrated Information Platform Management Database, and the quality of the projects in the management database has been improved. At the same time, there are 1,078 projects increased with investment of RMB 1.5 trillion yuan in the management database in the second quarter, covering 31 provinces (autonomous regions, municipalities) and Xinjiang Corps, which proves that PPP projects are promoted smoothly across the country. The investment amount changes due to the restructuring of the brown projects in the management database, therefore, the result of the investment amount of the new entries projects minus the investment of the withdraw projects is not consistent with the investment amount of the net increase (decrease) projects.

 

(III) Regional Distribution of Projects in the Management Database

By number of project entries in the third quarter, (113), Guangdong (107) and (63) ranked the top three in the list; by investment amounts of project entries in the third quarter, Yunnan (RMB 119.3 billion yuan), Zhejiang (RMB 130.1 billion yuan) and Jiangsu (RMB 128.8 billion yuan) ranked the top three provinces, as shown in Figure 1-3-1 and Figure 1-3-2.

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By cumulative number of projects, Shandong (including Qingdao) (729), Henan (642),  and Guizhou (498) ranked the top three and accounted for 22.5% of total projects in the management database; by cumulative investment amount, Guizhou (RMB 972.4 billion yuan), Yunan (RMB 946.3 billion yuan) and Zhejiang (RMB 900.5 billion yuan) ranked the top three and accounted for 22.9% of total investment amount. Breakdowns of project and investment amount of all regions in management database by the second and third quarter of 2018 are shown in Figure 1-3-3 and Figure 1-3-4.

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(IV) Industrial Distribution of Projects in the Management Database

During the third quarter of 2018, municipal works (172), ecological construction and environmental protection (132) and transportation (56) ranked the top three by number of projects increased, as shown in Figure 1-4-1.

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By increase in investment amount of project entries during the third quarter, integrated urban development (RMB 161.5 billion yuan), ecological construction and environmental protection (RMB 37.2 billion yuan) and water conservancy (RMB 30.5 billion yuan) ranked top three, as shown in Figure 1-4-2.

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The number of PPP projects and investment amounts in the management database by industry are shown in Figure 1-4-3 and Figure 1-4-4. Among them, municipal works, transportation and ecological construction and environmental protection ranked the top three by number of projects and accounted for 62.3% of total; municipal works, transportation, and integrated urban development ranked top three and accounted for 72.2% of total investments.

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(V) The commercial closed projects

There is an net increase of 421 commercial closed projects with RMB 313.5 billion yuan in the management database in the third quarter, the commercial closed rate increased 2 ppts; there are 4,089 commercial closed projects with an investment amount of RMB 6.3 trillion yuan, with an commercial closed rate of 49.3%, increased 11.1 ppts compared with that at the beginning of the year, covering 30 provinces (autonomous regions, municipalities) and Xinjiang Corps except Tibet and 19 sectors. Currently there is no project in the transfer stage. The number of projects of different stages by the second and third quarter of 2018 are shown in Figure 1-5-1.

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Breakdown of commercial closed projects by region. By net increase of  commercial closed projects in this quarter, Guangdong (66), Henan (34) and Jingxi (33) ranked the top three provinces and accounted for 31.6% of the total commercial closed projects increased. By net investment increase of commercial closed projects in this quarter, Guangdong (RMB 82.8 billion yuan), Zhejiang (RMB 43.6 billion yuan) and Henan (RMB 43.5 billion yuan) ranked top three and accounted for 54.2% of net investment increase in the current quarter, as shown in Figure 1-5-2 and 1-5-3.

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Breakdown of commercial closed projects by region. By accumulated number of commercial closed projects in the management database, Shandong (including Qingdao) (410) ranked the top, accounting for 10.0% of total. Anhui (274) ranked the second place, Guangdong (265) ranked the third place. By accumulated investment amount of commercial closed projects, Guizhou (RMB 519.3 billion yuan), Yunnan (RMB 475.7 billion yuan), and Jiangsu (RMB 450.4 billion yuan) ranked top three. The number of commercial closed projects and investment in various provinces are shown in Figure 1-5-4 and 1-5-5.

 

Commercial closed rate. There are 2 PPP projects in Shanghai and both of them reached commercial close; Hainan (72/93) ranked the second place with 77.4% commercial close rate; and Ningxia (31/46) ranked the third place with 67.4% commercial close rate.

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Breakdown of commercial closed projects by industry. By number of commercial closed projects increased in the current quarter, municipal works (131), ecological construction and environmental protection (87) and transportation (60) ranked top three and accounted for 66.0% of total commercial closed projects increased. By investment of commercial closed projects increased in the third quarter, transportation (RMB 95.6 billion yuan), municipal works (RMB 53 billion yuan) and ecological construction and environmental protection (RMB 32.6 billion yuan) ranked top three and accounted for 57.8% of total investment, as shown in Figure 1-5-6 and Figure 1-5-7.

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Breakdown of accumulated commercial closed projects by industry. By number of commercial closed projects, municipal works (1,651), transportation (564) and ecological construction and environmental protection (410) ranked top three and accounted for 64.2% of total commercial closed projects. By investment of commercial closed projects, municipal works (RMB 2.1837 trillion yuan), transportation (RMB 1.5751 trillion yuan) and integrated urban development (RMB 860.7 billion yuan) ranked top three and accounted for 73.2% of total investment, as shown in Figure 1-5-8 and Figure 1-5-9.

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(VII) Ownership Structure of Social Capital

The type of social capital. There are a total of 4,018 out of 4,089 commercial closed projects completing their social capital’s ownership information in the database, including 6,753 social capital and 2,383 of them are private enterprises, 134 of them are Hong Kong, Macao, Taiwan enterprises, 33 of them are foreign 3,443 of them are state-owned enterprises, and 760 of them are not easy to be attributed to the above categories, and 35.3% of them are private enterprises (see Figure 1-6-1).

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Sectors involving the participation of private enterprises. There is a total of 1,799 commercial closed projects involving the participation of private enterprises, including non-consortia and consortia (that is, with private capital background), accounting for 44.8% of 4,018 commercial closed projects that have their social capitals ownership information completed in the database; the investment of the projects with the private capital background is 2.1 trillion yuan, accounting for 34%.


Private-owned and private holding partners were involved in 19 industrial sectors, as described in Figure 1-6-2 and Figure 1-6-3. Among them, municipal works projects (729), ecological construction and environmental protection projects (198) and transportation projects (139) ranked top three by number of commercial closed projects. By investment of commercial closed projects, municipal works (RMB 567 billion yuan), transportation (RMB 438.9 billion yuan) and integrated urban development (RMB 397.1 billion yuan) ranked top three.

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(VI) Basic public service projects in the field of consumption

The main scope of the basic public services covers culture, sports, healthcare, senior care, education, and tourism. There are total 1,409 basic public services projects with investment of RMB 1.27 trillion yuan, representing 17.0% and 10.3% of total projects and investments in management database. By the number of projects, education (410), tourism (334), and healthcare (258) ranked the top three; by investment amount, tourism (RMB 495.3 billion yuan), education (RMB 233.5 billion yuan), and healthcare (RMB 197.2 billion yuan) ranked the top three. See figure 1-7-1.

 

There are 619 basic public services projects reaching commercial close in the management database with investment of RMB 503.8 billion yuan, respectively sharing 15.1% and 8.0% of that in the management database. Education projects (182), healthcare projects (131) and tourism projects (122) ranked the top three by the number of projects; by investment amount, tourism (RMB 168.7 billion yuan), education (RMB 96.7 billion yuan), and healthcare (RMB 80.2 billion yuan) ranked the top three. See figure 1-7-2.

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(VIII) Pollution Prevention, Green and Low-carbon Projects

PPP projects in a number of fields, including public transportation, water supply and drainage, ecological construction and environmental protection, water conservancy, renewable energy, education, science and technology, culture, senior care, healthcare, forestry and tourism, play a role in promoting a pollution prevention, green and low-carbon economic structure. According to such a criterion, in the third quarter, the net project entries increase was 326 with a net investment increase of RMB 101.4 billion yuan. There were 4,519 pollution prevention, green and low-carbon projects enter the management database with investment of RMB 4.4 trillion yuan, accounting for 54.5% and 36.0% of national totals respectively. The increased commercial closed projects are 202 with an investment of RMB 62.7 billion yuan. The accumulated commercial closed projects are 2,193 with an investment of RMB 2.3 trillion yuan. The comparison of the pollution prevention, green and low-carbon projects of the second and third quarter of 2018 is shown in Figure 1-8-1 and Figure 1-8-2.

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() Yangtze River Economic Zone projects

The Yangtze River Economic Zone covers 11 provinces and cities, i.e. Shanghai, Jiangsu, Zhejiang, Anhui, Jiangxi, Hubei, Hunan, Chongqing, Sichuan, Yunnan and Guizhou. The accelerated number of project in this region is 3,739 with an investment of RMB 6.3 trillion, sharing 45.1% and 51.3% of the management database projects. By the number of projects in the management database, Guizhou (498), sichuan (477) and zhejiang (459) ranked the top three; by investment amount of commercial closed projects, Guizhou (RMB 972.4 billion yuan), Yunnan (RMB 946.3 billion yuan), and Zhejiang (RMB 900.5 billion yuan) ranked top three, as shown in Figure 1-9-1.

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The accelerated number of commercial closed project in this region is 1,780 with an investment of RMB 3.2 trillion, sharing 43.5% and 50.5% of the management database projects. Anhui (274), Zhejiang (248) and Hunan (237) ranked the top three by the number of commercial closed projects; by investment amount, Guizhou (RMB 519.3 billion yuan), Yunnan (RMB 475.7 billion yuan), and Jiangsu (RMB 450.4 billion yuan) ranked the top three. See Figure 1-9-2.

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(X) Beijing-Tianjin-Hebei Region Projects

The accelerated number of project in this region is 423 with an investment of RMB 782.2 billion, sharing 5.1% and 6.4% of the management database projects. The accelerated number of commercial closed project is 216 with an investment of RMB 476.3 billion, sharing 5.3% and 7.5% of the management database projects. See Figure 1-10-1 and 1-10-2. 

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(Ⅺ) An Analyse on Return Mechanisms

By three return mechanisms, the number of user-pay projects in the third quarter decreased 92 with an investment amount of RMB 143.5 billion yuan; the number of VGF projects increased 509 with an investment amount of RMB 513.2 billion yuan; the number of government-pay projects increased 123 with an decreased investment amount of RMB 22.7 billion yuan, see Figure 1-11-1and 1-11-2.

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There are 623 user-pay projects with investment of RMB 915 billion yuan, accounting for 7.5% and 7.4% of the management database respectively; 4,407 VGF (i.e. government-and-user-pay) projects with investment of RMB 8 trillion, accounting for 53.2% and 65% of the management database respectively; 3,259 government-pay projects with investment of RMB 3.4 trillion, accounting for 39.3% and 27.6% of the management database respectively. See Figure 1-11-3 and 1-11-4.

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Commercial closed projects. In the third quarter, the number of user-pay commercial closed projects decreased 14 with an investment of RMB 21 billion yuan decreased. The number of VGF commercial closed projects increased 249 with an investment of RMB 188 billion yuan; the number of government-pay projects increased 186 with an investment of RMB 127.6 billion yuan.

 

There are 331 accumulated user-pay commercial closed projects with investment of RMB 427.7 billion yuan; 1,864 VGF (i.e. government-and-user-pay) commercial closed projects with investment of RMB 3.7 trillion yuan; 1,894 government-pay commercial closed projects with investment of RMB 2.2 trillion yuan. See Figure 1-11-5 and 1-11-6.

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(Ⅻ) Nearly half of the Commercial Closed Projects Have Started Construction

The third quarter of 2018 witness an increased of 174 commercial closed projects entering construction phrase, with an investment of RMB 101.5 billion yuan; there are accumulated 1,860 projects entering construction phrase in the management database with an investment of RMB 2.6 trillion yuan, sharing 45.5% and 40.5% of the projects in the management database respectively.

 

Shandong (including Qingdao) has started 261 projects, accounting for 63.7% of the total number of commercial closed projects in the province; 190 have been started in Sichuan, accounting for 80.5% of the total number in the province; 190 have been started in Anhui, accounting for 69.3% of the total number in the province;Yunnan (RMB 314.1 billion yuan), Hunan (RMB 268.1 billion yuan) and Sichuan (RMB 215.4 billion yuan) ranked top three by the investment amount of the commercial closed projects. See Figure 1-12-1 and Figure 1-12-2.

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II. National Demonstration Projects

For the third quarter, four batches of national demonstration projects totaled 990 with a total investment of RMB 2.1 trillion, covering 31 provinces (autonomous regions, municipalities) and Xinjiang Corps, and 19 industry areas. In particular, the first batch in 2014 totaled 20 (30 at first, 10 of which were subsequently excluded) with a total investment of RMB 56 billion; the second batch in 2015 totaled 158 (206 at first, 48 of which were subsequently excluded) with a total investment of RMB 427.1 billion; the third batch in 2016 totaled 426 (516 at first, 90 of which were subsequently excluded) with a total investment of RMB 929.6 billion yuan; the fourth batch totaled 386 (announced in February 2018, 396 at first, 10 of which were subsequently excluded) with a total investment of RMB 725.9 billion yuan. The commercial closed projects totaled 865 with an investment of RMB 1.9 trillion.

 

(I) National demonstration projects in different phases

For the second and third quarter of 2018, the number and investment amount of projects in different phases is set out in Figure 2-1-1 and Figure 2-1-2.

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(II) 80% of the national demonstration projects reached commercial closed

For the third quarter of 2018, there is an net increase of 1 commercial closed national demonstration project with an investment of RMB 94.6 billion yuan. The decline of the number and investment of the projects due to the quit of the commercial closed national demonstration projects. As of the end of September, commercial closed projects totaled 865 with an investment of RMB 1.9 trillion and commercial closed rate of 87.4%. There are currently no projects in transfer stage. See Figure 2-2-1 for changes of the overall commercial closed rate of demonstration projects.

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The first batch of the 20 demonstration projects have all reached commercial close since the end of 2016, and the second batch of 158 demonstration projects have all reached commercial close since the end of March 2017; the third batch of 426 demonstration projects have all reached commercial close in this month. 261 of the fourth batch demonstration projects have reached commercial close, and the commercial closed rate is 67.6%. See Figure 2-2-2 for the commercial closed rate of each batch of the national demonstration projects.

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(III) Municipal works continued to take the lead

The Project Database includes a total of 19 primary industries such as energy, transportation, water conservancy, ecological construction and environmental protection, municipal works, integrated urban development, agriculture, forestry, science and technology, affordable housing, tourism, health-care, senior care, education, culture, sports, social security, government infrastructure and others. The demonstration projects and commercial closed demonstration projects cover all the 19 sectors.


There are 380 municipal works projects out of 865 commercial closed demonstration projects, accounting for 43.9% of total commercial closed demonstration projects; there were 87 transportation projects, accounting for 10.1% of total commercial closed demonstration projects; there were 83 ecological construction and environmental protection projects, accounting for 9.6% of total commercial closed demonstration projects; there were 315 remaining projects, accounting for 36.4% of total commercial closed demonstration projects. See Figure 2-3-1 for breakdown of demonstration projects in different sectors of the the third quarter. The comparison of the number of demonstration projects in each sector and the number of commercial closed projects is shown in Figure 2-3-2.

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(IV) Shandong, Henan and Yunnan ranked top three by the number of commercial closed demonstration projects

According to regional statistics on commercial closed projects, Henan and Shandong (including Qingdao City) ranked the first across China with 73 national demonstration projects entered the implementation stage, followed by Yunnan with 63, Anhui with 55, Hebei with 54, the remaining provinces are less than 50. See Figure 2-4 for the comparison of the number of demonstration projects and the number of commercial closed of different province.

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(V) Private enterprises participating in the demonstration projects reached 40%

The type of private sector. 865 commercial closed projects are composed of 446 exclusive private capital projects and 419 with a consortium led by private capital. There were 1,519 private partners signing PPP contracts, in which 603 partners were private enterprises, 39 from Hong Kong, Macao and Taiwan, China, 18 from foreign countries, 818 were state-owned, and another 41 enterprises with undefined category. The private enterprises takes 39.7% of all the private partners signing PPP contracts with a ring growth of 0.3 ppts (see Figure 2-5-1).


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Fields with private enterprises’ participation. Private enterprises participated in 448 projects with an investment of RMB 750.9 billion yuan, sharing 51.8% and 39.2% of the commercial closed projects. Private-owned and private holding partners were involved in 19 industrial sectors, as described in Figure 2-5-2 and 2-5-3. Municipal works projects (179), ecological construction and environmental protection projects (50) and senior care projects (27) ranked top three by number of projects involved with exclusive private capital. Transportation (RMB 190.8 billion), integrated urban development (RMB 167.8 billion) and municipal works (RMB 149.3 billion) ranked top three by investment amount of projects involved with exclusive private capital.

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(VI) Shandong takes the lead on the number of commercial closed demonstration projects that started construction

As of the end of September, 485 commercial closed demonstration projects have been started, accounting for 56.1% of total. Shandong (including Qingdao), Anhui, and Yunnan ranked the top three by number of projects that started construction, respectively 55, 51 and 45, these three provinces accounted for 75.3%, 92.7%, and 71.4% of the number of the commercial closed demonstration projects. Yunnan, Beijing and Anhui ranked the top three by investment amount of projects that started construction, respectively RMB 168.4 billion, RMB 78.8 billion and RMB 74.6 billion. As shown in Figure 2-6-1 and 2-6-2.

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III  Others

As of the end of September, there are 4,181 projects with an investment of RMB 5.0 trillion yuan in the Pre-pipeline Database of the National PPP Integrated Information Platform.



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