| In recent years,with the expanding of local government debtand transformationof government financing platforms, China has beenpromoting PPP (Public-Private Partnerships) in the area of infrastructure construction. PPP as an innovative mode of investment, financing and management, through the long-term cooperation and complementary advantages between government and social capital, itplays an important role in improving the efficiency of public goods and servicesdelivery. For a long time,municipal solid waste disposal,as a typical municipal public utility,its source of funding is mainly the local financerevenue. Sanitation departments on municipality, county and townshiplevel are in charge of waste collection, transportation,and disposal. However, with the fast progress ofeconomic development andnew-type urbanization, municipal solid waste increases greatly. Limited financial sources of funding are still struggling to meet the rising demand for waste disposal."Besieged by Garbage"has continued to worsen. Application of PPP in municipal solid waste disposal, introducesthe advantages of social capital in both capital and technology to alleviate financial tension, promotes the efficiency of the supplyof waste disposal facilities and services. Since 2002, under the guidance of Ministry of Construction,waste incineration power plant BOT (build-operate-transfer) projects have prompted a rush throughout the country. After more than 10 years,the practice achieves certain achievement, but also exposes some problems. The thesis sets out from two angles institutional system and technical operation. By analyzingthe application mechanism and statusof the application of PPP in municipal solid wastedisposal,summarizing problems, combiningadvanced experience from abroad, offer proposals to address the problems,expand application space of PPP in this field, promote the efficiency of resource allocation between government and social capital through long-term cooperation, improve the level of municipal solid waste disposal in China, help achievingthe the goal of "Promote the formation of green production and life, accelerate the improvement of ecological environment"during the "13th five-year plan" period.The thesis consists of the following five chapters:Chapterldescribed the severe situation of municipal solid waste disposal in China, analyzedresearch background and significance inapplying PPPto solve the problems of municipal solid waste disposal, then outlined current research status from four perspectives:theoretical basis of PPP, cases and implementation programme design, research on municipal solid waste disposalin application of PPP, and proposals of PPP application in this field.Presented research idea,research contents and research method.Chapter Ⅱ statedtheoretical basis required in this study,includingPublic Goods Theory,Public Choice TheoryandProject Distinction Theory. The necessity of applying PPP to solve municipal solid waste disposal were analysed based on the following three aspects: facilities demand for waste disposal,difficulties governments faced and market potentialincircularly treatingand applyingwaste disposal.the feasibilitiesy were also discussedfrom economics,technologyand policy.The main risks and fundamental principles of benefit distribution of applying PPP in this field are summarized, which canprovide theoretical support for the research of institutional arrangement and technical design.ChapterⅢanalyzed the current situation and problems of municipal solid waste disposal in China based onpolicy system and technical operation. First, the PPP policy framework and main fileswere collated. Second, current situation of waste disposalwas analyzed thoughdata statistical of PPP integrated information platformfrom the Public-Private Partnerships Center of Ministry of Finance andthe PPP project library from National Development and Reform Commission. Finally,problems of policy system and technological practicewere analyzedthrough reviewing literatures and field investigation. On the policy system level, theproblems were lack ofPPP law andsome conflicts inexisting polices,imperfection of encouraging and supporting policies, inadequate supervision, etc.On the technical operation level,new projectsnot been carefully thought out, PPP mode selection is oversimplified, risk allocation and profit allocationmechanism are not rational, etc.Chapter IVinvestigated thetypical PPP cases selected fromrepresentative foreign countriesin terms oftwo perspectives:policysystem and technical operation.On the policy system level, United Kingdom,was used asa case, its policy systemis relativelyeffective.On the technical operation level,Polandwas selected, as an example in the period of economic transitionto be studied how the government completed the project with a relatively low technical level throughreasonablerisk allocation and profit allocation. Someexperienceswere summarized by means of analyzing factors of success and discovering problems in the cases.ChapterVsummarized the reasons of the problems in the application of PPP in municipal solid waste disposal.With the help of the advanced experience abroad, how to prefect policy system andoptimize operational process were discussed.First,to prefect policy systemfrom the followingthree aspectsneed to be concerned:accelerating the PPP legislation, improving encouragement policy for social capital to participate in PPP projects, andcompleting supervision and regulation system. Thensome optimized suggestions in comprehensive and operational processrecommendation ofPPPmode selection, risk allocation and profit allocation mechanism design, etc.have been raised. |
