Research On Government Regulation Of Public Infrastructure PPP Project In Yangjiang

Urban public infrastructure is an important component of the equalization of public services,providing basic protection for urban development and people's livelihood.The government has always been to invest in the construction of city construction is the main public infrastructure,and with the accelerating process of urbanization,fiscal expenditure on public infrastructure has far exceeded the pressure load,it is difficult to meet the huge demand in the process of city development,expand the construction funds to address the urgent needs of the current public infrastructure construction financing channels and resolve the stock of debt has become.The party on the third Plenary Session of the 18 th CPC Central Committee through the "CPC Central Committee on deepening reform of the overall number of major issues" pointed out that "economic reform is the key of deepening reform,the core issue is to deal with the relationship between government and market." The government and social capital cooperation model(Public-Private Partnership)can make full use of the market mechanism,optimize the allocation of resources,give full play to the market allocation of resources and government led economic development advantages,by increasing,improve and optimize the supply of public goods and services,to promote the economy more efficient,equitable and sustainable development.At present,the pilot work of the equalization of basic services in advance,Yangjiang city infrastructure construction demand is quite high,the introduction of PPP model can not only attract social investment and can make use of the advantage of private enterprises,so as to speed up the construction of infrastructure facilities to meet the growing needs of the people,the PPP mode has become the Yangjiang municipal government as a new way to alleviate infrastructure investment pressure.But the application of PPP model in Yangjiang is still in the exploratory stage,while the public infrastructure has natural monopoly and quasi public goods,its construction cycle is long,the construction and operation procedures are complex,and there are many risks.If the government lacks timely and reasonable administrative guidance and supervision,it will easily lead to market failure,efficiency loss,and even lead to abortion in the operation of the PPP model.Firstly,through the financing status analysis of Yangjiang city public infrastructure,summarizes the advantages and feasibility of the implementation of the PPP model and the problems faced in the application,including the promotion of the construction of the government departments of professional and technical forces and the lack of legal documents,can refer to the social capital to participate in the enthusiasm is not high,the public welfare project and low popularity of PPP the PPP project of information asymmetry and open standard.Then through the practice case analysis of Yangxi County Dadong mountain scenic spots PPP project of PPP project life cycle stages to identify risk factors,stages including project identification,preparation,procurement,implementation and over five stages.It also analyzes and summarizes the important factors of the government supervision system.Finally,on the basis of the relevant literature at home and abroad,the author puts forward reasonable suggestions to improve the government supervision system of infrastructure PPP project in Yangjiang.