From fledgling concessions to PPP that is sweeping the country today, there are two major sets of regulations to be followed: one being regulations for concessions led by the National Development and Reform Commission (“NDRC”) and the other the series of regulations for PPP led by the Ministry of Finance (“MoF”). However, to date, there is still not one law that expressly defines the relationship between the two, resulting in much confusion and many impediments in practice. The relationship between concessions and PPP is an issue currently desperately needing clarification.
The NDRC holds, in the Guiding Opinions on Launching Public-Private Partnerships, that the operational methods for the PPP model include concessions, government procurement of services, equity cooperation, etc.