规范PPP存量项目建设运营要突出“双效一诺”

Core Viewpoint - The article discusses the recent guidelines issued by the State Council to regulate the construction and operation of existing Public-Private Partnership (PPP) projects, aiming to enhance project efficiency and public service quality [2]. Summary by Sections Introduction to Guidelines - The guidelines aim to standardize the construction and operation of existing PPP projects, addressing issues such as the transformation of PPP into local financing tools and the emergence of hidden debt risks [2][3]. Key Directives for Local Governments - Local governments are instructed to prioritize projects based on economic and social needs, ensuring that projects with potential returns are completed [3][4]. - For projects that are progressing slowly, local governments should reassess and potentially scale down or optimize them to avoid unnecessary costs [3]. Emphasis on Efficiency and Effectiveness - The guidelines stress the importance of efficiency and effectiveness in PPP projects, indicating that projects lacking these qualities may become burdensome [5]. - The government encourages halting superficial projects that do not yield significant benefits, aligning investments with public needs [5]. Commitment to Credibility ("One Promise") - The guidelines highlight the need for local governments to uphold their commitments, ensuring that payments to social capital are made promptly unless there is a clear breach of contract [6][7]. - Local governments must manage their budget responsibly, incorporating government spending obligations into their financial planning [6]. Risk Management and Performance-Based Payment - The guidelines propose a risk-sharing mechanism and performance-based payment system to incentivize social capital to enhance operational capabilities [5][6]. - Local governments are required to address issues related to insufficient payments and financing challenges for existing PPP projects through targeted measures [6][7].