#12321. Retro or Renewal: An Assessment of PPP Management and Policy in China Since 20XX

August 2026publication date
Proposal available till 12-05-2025
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Journal’s subject area:
Sociology and Political Science;
Public Administration;
Business, Management and Accounting (miscellaneous);
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Abstract:
Public–private partnerships (PPPs) in China have experienced an impulsive new boom with a new PPP policy. In particular, development characteristics and performance assessments of projects in the new PPP boom are a hot topic. By comparing China’s PPP development in the last several years with that in the past thirty years, we explore its rationale and performance through a critical review using the following approach: first, we identify and analyze its seven new characteristics of investment scale, spatial distribution, investment sectors, operational model, concession period, payment mechanism, and tendering period; second, we diagnose the nature and performance of the new PPP boom; third, we systematically scrutinize the rationale behind the characteristics and the possible mechanism; and last, we conclude with the argument that the new PPP boom could be well managed by the Chinese government if some prerequisites are met.
Keywords:
China; comparative review; policy evaluation; public private partnership; urban infrastructure

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