Private Participation in Infrastructure in China : Issues and Recommendations for the Road, Water, and Power Sectors

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dc.creatorBellier, Michel
dc.creatorZhou, Yue Maggie
dc.date2013-08-19T14:19:03Z
dc.date2013-08-19T14:19:03Z
dc.date2003
dc.date.accessioned2026-07-01T01:13:37Z
dc.descriptionInfrastructure has played a major role in China's rapid development. Over the past decade the road network expanded by more than 40 percent, water production grew by more than 50 percent, and China has become the world's second largest energy producer. However, foreign direct investment in infrastructure accounts for a small share of foreign direct investment flows and for only 10 percent of total investment in infrastructure. Meeting the demand for cheaper, more reliable, and more efficient infrastructure services will require more than US$75 billion a year over the next decade. Increasing the participation of the private sector, domestic and foreign is an obvious policy option. Public-private partnerships can reduce the fiscal subsidies on public agencies and improve the targeting of subsidies to poor people, students, the elderly and other disadvantaged groups. This report reviews China's current framework for private participation in infrastructure. It also compares China's experiences with those of other countries, providing legal, regulatory, and financial framework recommendations as well as sector-specific suggestions.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2003/03/2375953/private-participation-infrastructure-china-issues-recommendations-road-water-power-sectors
dc.identifier0-8213-5439-6
dc.identifierhttps://hdl.handle.net/10986/15156
dc.identifierhttps://doi.org/10.1596/0-8213-5439-6
dc.identifier.urihttp://hdl.handle.net/123456789/416281
dc.languageEnglish
dc.languageen_US
dc.publisherWashington, DC: World Bank
dc.relationWorld Bank Working Paper;No. 2
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectINFRASTRUCTURE
dc.subjectWATER SUPPLY
dc.subjectTRANSPORTATION COSTS
dc.subjectPOWER GENERATION
dc.subjectROADS & HIGHWAYS
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATIZATION
dc.subjectREGULATORY FRAMEWORK
dc.subjectLEGISLATION
dc.subjectCAPACITY BUILDING
dc.subjectWATER SANITATION ACCOUNTABILITY
dc.subjectADB
dc.subjectASSETS
dc.subjectBALANCE SHEETS
dc.subjectBANK REFORM
dc.subjectBANKRUPTCY
dc.subjectBANKS
dc.subjectBIDDING
dc.subjectCAPITAL INVESTMENTS
dc.subjectCAPITALIZATION
dc.subjectCITIES
dc.subjectCONTRACT LAW
dc.subjectCPI
dc.subjectCREDIT RATINGS
dc.subjectCREDIT RISK
dc.subjectDEBT
dc.subjectDECISION MAKING
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMICS
dc.subjectEIB
dc.subjectEMERGING MARKETS
dc.subjectEXTREME POVERTY
dc.subjectFOREIGN EXCHANGE
dc.subjectHEALTH NEEDS
dc.subjectINFLATION
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINVENTORIES
dc.subjectLAWS
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL PROVISIONS
dc.subjectLEGISLATION
dc.subjectLOCAL GOVERNMENT
dc.subjectLOCAL GOVERNMENTS
dc.subjectMANDATES
dc.subjectPOLICY DISCUSSIONS
dc.subjectPRESENT VALUE
dc.subjectPRIVATE SECTOR
dc.subjectPROJECT FINANCE
dc.subjectPROPERTY RIGHTS
dc.subjectREGULATORY AGENCIES
dc.subjectREGULATORY AGENCY
dc.subjectREGULATORY FRAMEWORK
dc.subjectSAVINGS
dc.subjectSECURITIES
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTRANSPORT
dc.subjectWATER SUPPLY
dc.titlePrivate Participation in Infrastructure in China : Issues and Recommendations for the Road, Water, and Power Sectors

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