论坛全球城市版任斌-financing urbanization in china recent reforms and innovation on infrastructure financing.pptx

Financing Urbanization in China: Recent Reforms and Innovation on Infrastructure Financing ;China’s local infrastructure financing system is governed by the 1994 Budget Law and associated rules ;Revenues Used to Fund Urban Infrastructure;Source of Financing in the US;Impact of Traditional Financing ;;New Municipal Finance Reforms and Infrastructure Financing Innovations;PPP was piloted in China 30 years ago, but recently entered a renewed ‘wave’ with strong support by the Government;New Push for PPPs has more broader motivations …;PPP Example 1: National PPP Projects by Sector;Actual PPP transactions that have reached financial close or implementation are few ;;;;Bond Program Example 3: Local Government Debt “Swaps”;Revenue-Based Borrowing Example 4: Urumqi Urban Transport Project;Urumqi Urban Transport Case;Financial Analysis Results for Urumqi Urban Transport Company – With and Without Project (2015 to 2026);Changes in Subsidy for Urumqi ;;;City Cluster Transport Development in the U.S.; MPO’s Key Responsibilities MPO Because MPOs are primarily focused on urbanized areas, key documents of each MPO are : a Metropolitan Transportation Plan (MTP) and a Transportation Improvement Program (TIP) In order to receive federal transportation dollars, the MPO must submit a fiscally constrained short-range Transportation Improvement Plan (TIP) that identifies all regional projects to be supported by federal transportation dollars.  ;MPO Planning and Operation Funding;Funding for MPO-Selected Regional Transportation Projects;Funding for MPO-Selected Regional Transportation Projects;;Key Issues in PPPs in China ; Thank you!