| Currently,under the new normal economy in China,the local government hopes to solve the various problems encountered in the economic operation of the PPP model.These social investments should first be evaluated through the evaluation of the financial viability of the screening,qualified to be able to take PPP cooperation.The research on the evaluation of financial affordability has just started,and has not formed a complete and practical theoretical system.In 2015,China's Ministry of Finance issued the "government and social capital cooperation project-the financial capacity of proof guidelines" is an authoritative interpretation of the assessment of financial affordability.The "guide" clearly put forward the fiscal sustainability demonstration process,key contents and conclusions of disclosure,but all kinds of methods,specifically to take the expenditure of fiscal expenditure proportion are not clearly defined,the local government according to the actual situation of the project of flexible decision.With the implementation of local government practice rules are different,how to better complete the fiscal sustainability assessment,make an objective and fair conclusion,a good foundation for the preparatory work for PPP projects to lay a study of the financial department of the government become the subject.The World Horticultural Exposition TS project is the highest level of domestic cooperation held in accordance with the government and the social capital mode of professional international expo.At the same time,as one of the first projects to build and operate in accordance with the PPP standard model,the financial tolerance in the early stage of the project is based on the country's latest policy requirements,The identification of fiscal expenditure responsibility of the whole life cycle process includes equity investment,operating subsidies,risk taking,matching investment,PPP project,and the qualitative and quantitative measurement,scientific assessment of the implementation of the project for the current and future fiscal expenditure effect.Based on the field investigation and on-site discussion way to understand the basic situation of the World Horticultural Exposition TS project,focusing on understanding the relevant content assessment of the financial capacity,through the combination of qualitative analysis and quantitative analysis method of TS project evaluation in World Horticultural Exposition,the financial capacity of pre assessment and post.Through the study of project evaluation methods,basic evaluation content,TS City financial assessment methods and supplementary evaluation content,summed up the evaluation of the early stage,evaluation methods and the latter part of the evaluation can be optimized to make concrete recommendations. |
