China has launched more than 1,800 public-private-partnership (PPP) projects over the past two years, involving total investments of up to 3.4 trillion yuan, Shanghai Securities News reported on Thursday.
This year is the busiest year for PPP consulting firms, said Tong Zaijun, vice head of the PPP research centre of Guoxin Tendering Group. On July 31, 2013, Chinese premier Li Keqiang proposed taking private capital into construction and operation of infrastructure and public service projects, which was taken as the signal of kicking off the PPP mode in China.
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