Finding An Effective Way To Reduce Risks

The publicprivate partnership (PPP) model will play a key role in the export of industrial overcapacity to the economies participating in the Belt and Road Initiative, because it can cope with uncertainties associated with projects that usually take years to complete,according to the minister of China's top economic planning body.

"TheBeltandRoadInitiative has achieved better than expected results in helping countries to bridge the infrastructure gap. Still, China has room to improve its efficiency when it comes to financing longterm investment projects,"said He Lifeng, minister of the National Development and Reform Commission, at theChinaEnterprisesDevelopment Forumin January.

The NDRC plans to promote the PPP fundingmodel to support public infrastructure projects,He said. The model will help lower the risks and provide sustainable funds to longtermprojects.