Authorities address pressing concerns

Securitization for PPP projects to be accelerated

The Ministry of Finance, the People's Bank of China and the China Securities Regulatory Commission jointly released a notice to regulate and boost the development of securitization for public-private partnership projects.

Companies running the projects will be encouraged to prioritize their financing status by issuing securitized products, the notice said. The document said companies can issue securitized products in the operating stage, based on usufruct rights or contract creditor's rights.