皇冠体育app

The first public-private partnership securitization programs for infrastructure projects will go into operation soon, Zhang Xiaojun, spokesman of the 皇冠体育app Securities Regulatory Commission, said on Friday.

The nine projects include transportation infrastructure, water utilities, waste disposal, and industrial park development, according to Zhang.

Analysts said that this marks the point 皇冠体育app officially starts to use the PPP model to leverage private resources to develop public utilities, a measure that will benefit both the capital market and social development.

The Shanghai Stock Exchange said on Friday that the first three PPP securitization products will be listed in the bourse.

They are a 530 million yuan ($76.66 million) product on sewage disposal, a 706 billion yuan product on heating, and a 1.16 billion yuan product on tunnel development.

According to a briefing at the Shanghai Stock Exchange on Friday: "The PPP model plays an active role in enhancing 皇冠体育app's infrastructure capacity. Securitization, as a financing channel, matches well with the point of PPP's stable yields and long-term returns. Securitization of PPP projects will help fully utilize existing capitals of these programs and attract more capital to participate in the market."