JOURNAL OF HEBEI UNIVERSITY (Philosophy and Social Science) ›› 2017, Vol. 42 ›› Issue (6): 78-85.DOI: 10.3969/j.issn.1005-6378.2017.06.012

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Budget Management and Risk Control of Public Private Partnerships(PPP)Projects

WEN Lai-cheng, MENG Wei   

  1. Peng Yuan Institute of Local Finance and Investment, Central University ofFinance and Economics, Beijing 100081, China
  • Received:2017-06-25 Online:2017-12-20 Published:2017-12-20

Abstract: The budget management of government commitment to expenditure responsibilityof PPP projects is an important means to effectively guarantee PPP project construction, operation and control of financial risk.This paper combs the policy documents of PPP projects budget management, and analyzes the existing problems of PPP budget management in China, drawing on the experience of other countries,policy advice based on concerning aspects of perfecting the demonstration system of financial endurance capacity, the establishment and improvement of PPPlong-term budget management system, and standardizing the information disclosure of government budget funds and performance evaluation of PPP projects expenditure budget.

Key words: PPP projects, budget management, risk control policy

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