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Policy

China to build PPP credit system and standardize operation of PPP projects, NDRC

July 04, 2018


Abstract : The National Development and Reform Commission (NDRC), China’s top economic planner, will speed up the establishment of a public-private partnership (PPP) credit system with relevant departments to enhance credibility of participants in the PPP projects..

PPP

BEIJING, July 4 (Xinhua) -- The National Development and Reform Commission (NDRC), China’s top economic planner, will speed up the establishment of a public-private partnership (PPP) credit system with relevant departments to enhance credibility of participants in the PPP projects, standardize the operation of PPP projects, and promote the healthy and sustainable development of PPP model, according to the official website of the NDRC on Tuesday.

Recently, departments under the NDRC have held a symposium to discuss the construction of PPP credit system, credit indicators and credit files, and credit data collection and analysis, as well as the use of credit results. (Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: China-policy China-credit PPP-model

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