To promote Public-Private Partnership (PPP) model is one of the important decisions and arrangements made by the Central Committee of Communist Party of China and the State Council, and a significant measure to implement the Decision on Some Major Issues Concerning Comprehensively Deepening the Reform adopted at the Third Plenary Session of the 18th CPC Central Committee with regard to giving full play to the decisive role of the market in allocating resources, giving better play to the role of the government, and to the modernization of the national governance system and governance capacity in the field of public services. During the period of 13th Five-Year Plan, the Ministry of Finance of China, guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, has worked jointly with relevant departments to promote the development of PPP in accordance with the decisions and arrangements made by the Central Committee of Communist Party of China and the State Council. By easing market access, breaking monopoly, introducing competition, encouraging innovation and adhering to performance-oriented approach, we have coordinated the resources from both the government and the market, and promoted the transformation of public service supply in terms of quality, efficiency and driving forces. After five years of practice and exploration, PPP model has become one of the important drivers for China to stabilize growth, promote reform, adjust structure and benefit people’s livelihood. According to Procuring Infrastructure PPPs 2018 released by the World Bank, China’s PPP system and practice are on upper-middle level among 135 countries. To fully demonstrate the results of PPP reform during the period of 13th Five-Year Plan, we prepared the Promote High-quality Development of Public-Private Partnership (PPP) in a Standardized and Orderly Way – Review of PPP Work during the Period of 13th Five-Year Plan (see Annex), for the reference of all relevant parties.
China PPP Center