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[PPP column] PPP project can be configured with hotel and other operational resources - the enlighte

Deadline for the centralized clean-up of the project management library as set out in the Notice of the Ministry of Finance on Regulating the Management of the Government and Social Capital Cooperation (PPP) Integrated Information Platform Project Library (Financial Fund [2017] No. 92) (March 31, 2018) On the occasion of the arrival, the Ministry of Culture and Tourism and the Ministry of Finance jointly issued the "Guiding Opinions on Promoting the Cooperation Model of Government and Social Capital in the Tourism Sector" in April 2018 (Welcome Travel & Tourism [2018] No. 3), reaffirming the government. The mode of cooperation with social capital is an important direction to improve the public service supply mechanism, and is an important part of the modernization of the national governance system and governance capacity. It encourages the use of government and social capital cooperation (PPP) models to improve the supply of tourism public services. Wenhua Traveler [2018] No. 3 stresses the public service supply as the core of defining the PPP model, clarifying the boundary between government responsibility and market mechanism, and its provisions help to deepen understanding of the PPP model and prevent simplification and fragmentation. tendency. This provision swept away many doubts that PPP could not do because of the suspension of PPP projects in various places, and gave local governments and social capital and other market players a reassurance. It is particularly worth mentioning that it clearly stipulates that PPP projects can allocate operational resources such as hotels. It has important guiding significance for adopting PPP mode in tourism field and also has reference significance for adopting PPP mode in other public service areas.
The “Guiding Opinions of the National Development and Reform Commission on Government and Social Capital Cooperation” (Development and Reform Investment [2014] No. 2724) expressly stipulates that “the operation of land, property, advertising, etc. shall be carried out in accordance with the laws and regulations. Resources, to create conditions for stable investment returns and attracting social investment." "Implementation Opinions of the Ministry of Civil Affairs and Social Security of the Ministry of Finance on the Use of Government and Social Capital Cooperation Models to Support the Development of the Aged Services Industry" (Finance [2017] No. 86) It also stipulates that “according to the characteristics of the project, a project return mechanism combining government payment, user payment and development resource compensation shall be established, and the government shall be encouraged to use the authorized operation, capital injection, land shareholding, operation subsidy, investment subsidy, etc. to support Construction of endowment projects. Allow social capital to support the construction of hospitals, health care centers, sanatoriums and ancillary facilities to improve the overall profitability of the project.” However, whether to allocate operational resources is limited to the operation of public services. Sexual resources, or can include commercial development Source unknown.
Caijingjin [2017] No. 92 clearly stipulates that prudently carrying out government-paid projects is not in the public service field. The government does not have the obligation to provide, such as commercial real estate development, investment attraction projects, etc. It is not suitable to adopt the PPP model. It was once understood in the market that commercial development projects should not be included in PPP projects. Government-paid projects will be strictly controlled and gradually reduced. It is difficult to adopt PPP mode in public service areas that lack user fees, which directly leads to the stagnation of PPP projects in some regions. .
Wenhua Traveler [2018] No. 3 clearly stipulates that by promoting the government and social capital cooperation model in the tourism field, the project implementation agencies will promote the resource protection, environmental remediation, ecological construction, cultural heritage, consulting services, and public facilities undertaken by the government. Construction and other public services such as tourism, such as hotels, scenic spots, shops, parking lots, properties, advertisements, refueling stations and other related resources for overall planning, integration development, comprehensive improvement, and continuously optimize tourism public welfare services and Supply of public goods, promote the protection and rational use of tourism resources, improve the evaluation of the value of tourism resources assets, better meet the needs of the people for tourism public services, and vigorously promote the quality improvement and transformation and upgrading of tourism. It is further explained in the key areas, for example: (1) Guided by the creation of a global tourism demonstration zone, the operation of hotels, scenic spots, etc. for toilets, consulting service systems, tourism guidance and identification systems, tourism resource protection, etc. in certain areas. Sex tourism resources for integrated development and construction; (2) guided by the promotion and protection of rural excellent traditional culture, in the commercial development of modern agricultural manor, rural complex, agricultural tourism park, rural industrial integration demonstration park, boutique hotel and other Unified planning and construction of garbage collection stations and tourist identification signs; (3) Strengthening the protection of characteristic tourism resources such as cities, towns, and districts, and encouraging social capitalists to scientifically protect, rationally utilize and utilize characteristic tourism resources. (4) Encourage the government and social capital to link the operational development projects of tourism resources with the provision of public services in the fields of pension, sports, health, and research.
This means that quasi-operating and non-operating projects can improve the investment return mechanism by configuring commercial development resources. Through reasonable resource integration, government fees can be avoided. “Each annual PPP project needs to be arranged from the budget. The red line, which accounts for no more than 10% of the general public budget expenditure, will no longer be a local government's curse. This opens a window to the quasi-operating and non-operating projects in all public service areas using the PPP model. Whether the integration is right or not will be the key to the success of the PPP project.
There is doubt that public service projects are equipped with commercial development resources, are there any restrictions? Is it necessary to be “adjacently related” to a public service project? Are there any restrictions on the ratio and amount? Whether it will be alienated into a way for market entities to obtain commercial development resources through so-called PPP projects deserves further attention and research.

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