2015年CRI Opportunities and Challenges Both Exist for Private Investors in PPP Projects: Experts

 

7 Chinese provinces announced last week that 287 PPP projects collectively worth around 940 billion yuan, or 148 billion U.S. dollars, will be open to private investors¹.

Those projects include municipal works, highways, rail, airports, water conservation and energy projects.

The announcement was made during a PPP promotion² teleconference organized by the National Development and Reform Commission (NDRC) in cooperation with the All-China Federation³ of Industry and Commerce.

Zhang Yong, deputy head of the NDRC, says the partnerships⁴ could help improve structural⁵ reform of investment and financing, energize⁶ private investment, while improving public products and services.

"We'll make great efforts to promote the PPP mode. For the past three quarters of this year, private investment in the fields of infrastructure⁷ and public utilities, where private companies seldom invested in before, has increased by around 27% compared to the same period of last year. The acceleration⁸ of such investment is 16.6% higher than the whole investment."

However, in some of the PPP projects, private enterprises still lack enough participation⁹ compared to their state-owned counterparts.

Wang Qinmin, head of the All-China Federation of Industry and Commerce, says private investors still face a series of problems and challenges.

"Some private enterprises still lack confidence and willingness to invest due to the decrease of their own space for gaining profits, while others don't know which areas they could invest in. The environment for PPP projects investment still needs improvement."

He adds that some of the private investors lack enough understanding towards relevant policies, which might bring negative effects to their investments.

The NDRC will next hold more project promotion meetings in many different types so as to attract more private enterprises to participate in investing in PPP projects.

For CRI, I'm Xie Cheng.

1 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

2 promotion   

n.提升，晋级；促销，宣传

参考例句：

• The teacher conferred with the principal about Dick's promotion.教师与校长商谈了迪克的升级问题。
• The clerk was given a promotion and an increase in salary.那个职员升了级，加了薪。

3 federation   

n.同盟，联邦，联合，联盟，联合会

参考例句：

• It is a federation of 10 regional unions.它是由十个地方工会结合成的联合会。
• Mr.Putin was inaugurated as the President of the Russian Federation.普京正式就任俄罗斯联邦总统。

4 partnerships   

n.伙伴关系( partnership的名词复数 )；合伙人身份；合作关系

参考例句：

• Partnerships suffer another major disadvantage: decision-making is shared. 合伙企业的另一主要缺点是决定要由大家来作。 来自英汉非文学 - 政府文件
• It involved selling off limited partnerships. 它涉及到售出有限的合伙权。 来自辞典例句

5 structural   

adj.构造的，组织的，建筑（用）的

参考例句：

• The storm caused no structural damage.风暴没有造成建筑结构方面的破坏。
• The North American continent is made up of three great structural entities.北美大陆是由三个构造单元组成的。

6 energize   

vt.给予(某人或某物)精力、能量

参考例句：

• It is used to energize the city.它的作用是为城市供给能量。
• This is a great way to energize yourself and give yourself more power!这种方法非常棒，可以激活你的能量，让你有更多的活力！

7 infrastructure   

n.下部构造，下部组织，基础结构，基础设施

参考例句：

• We should step up the development of infrastructure for research.加强科学基础设施建设。
• We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设，发展各类群众文化。

8 acceleration   

n.加速，加速度

参考例句：

• All spacemen must be able to bear acceleration.所有太空人都应能承受加速度。
• He has also called for an acceleration of political reforms.他同时呼吁加快政治改革的步伐。

9 participation   

n.参与，参加，分享

参考例句：

• Some of the magic tricks called for audience participation.有些魔术要求有观众的参与。
• The scheme aims to encourage increased participation in sporting activities.这个方案旨在鼓励大众更多地参与体育活动。