Research on Application of PPP Financing Mode in Financing for Railway Construction in China
LU Qing-cheng 1，REN Run-tang 2
1. School of Management, Huazhong University of Science and Technology, Wuhan, Hubei 430074，China; 2. Engi- neering Design Appraisal Centre, Ministry of Railways, Beijing 100844，China
Abstract：Research purposes ：Aiming at the problem that the current investment system and resources do not satisfy the demands of railway construction in China, the researches are done in this paper on PPP financing mode for the purpose of providing the reference to the financing for the railway construction in China.
Research methods ： Through giving introductions to the concepts, characteristics , organization structure and operational mode of PPP financing mode and the advantages of railway to adopt this mode , the countermeasures and proposals are presented for realization of PPP financing mode according to the real conditions of railway in China.
Research conclusions ：PPP financing mode is adaptive to and an effective way of getting more financing for the railway construction in China. Introduction of this mode not only can enhance overall efficiency with changing the management system from high centralized management to market mechanism, but also make the investment channel multiple with breaking down mono-system of investment and financing for railway for attracting more investments in railway construction form non-governmental organization.
鲁庆成,任润堂. PPP融资模式在我国铁路融资中的应用研究[J]. 铁道工程学报, 2007, 24(9): 98-101.
LU Qing-cheng,REN Run-tang. Research on Application of PPP Financing Mode in Financing for Railway Construction in China. 铁道工程学报, 2007, 24(9): 98-101.
2007, Vol. 24 
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