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群山环抱处,有一座始建于北魏的衔草寺

2019-09-16 16:56 来源:糗事百科

  群山环抱处,有一座始建于北魏的衔草寺

    “这些分歧看似是因美国的贸易保护主义而起,实际涉及国际经济体系的未来去向。资料图:由中国企业承建的肯尼亚港口城市蒙巴萨至首都内罗毕的蒙内铁路成功开通。

无论是乘坐地铁、的士、轻轨电车还是步行,记者与其他民众一样,可以在岛上大部分区域自由穿梭。记者梳理了中国裁判文书网2009年到2017年关于高考招生诈骗的刑事判决书,统计出内部录取指标、承诺上军校、花钱改分、艺考生加分优惠、奖(助)学金电信诈骗、寄送伪造录取通知书等6种常见诈骗方法。

  因此,马其顿1993年以“前南斯拉夫马其顿共和国”的暂用名加入联合国。  云南:幼象跌落水沟生命垂危多部门联合救助  【解说】近日,一头国家一级保护野生动物亚洲象幼象,不慎从60多米的山梁跌落到位于云南西双版纳景洪市勐养镇跳坝河村附近的一条引水渠内。

    “办成了是黑色交易,办不成则是诈骗。当地随即采取保护和建设并举的措施,一边出台严格管理措施,防止农户肆意砍树,一边通过规划,筹建荔枝海生态园。

酒店提供专有24小时管家、带司机的专用宾利豪车等服务。

  北京移动的畅享不限量套餐承诺超过20GB、100GB以后分别限速1Mbps、128Kbps。

  孙秋霞朱柳融摄发布时间:2018-05-1017:53:21【编辑:富宇】

  同时,持卡人按照合同约定的支付透支利息、违约金或者是分期付款手续费等,超过年利率36%的数额部分或将不用支付。

    6月6日,最高人民法院发布《关于审理银行卡民事纠纷案件若干问题》的征求意见稿(简称“征求意见稿”)。记者梳理了中国裁判文书网2009年到2017年关于高考招生诈骗的刑事判决书,统计出内部录取指标、承诺上军校、花钱改分、艺考生加分优惠、奖(助)学金电信诈骗、寄送伪造录取通知书等6种常见诈骗方法。

    峰会在即美朝代表继续协商  美国白宫发言人桑德斯10日深夜指出,美国驻菲律宾大使金成11日上午将率团继续与朝鲜代表团协商。

    北京晨报记者注意到,北京电信本月推出一项新的资费方案,全国不限流量套餐低至65元。

    “目前,辽宁省政府已正式将大连申报自由贸易港方案报国务院,并抄报相关部门。而套用他人号牌所产生的35起曝光,都将由他本人接受处罚。

  

  群山环抱处,有一座始建于北魏的衔草寺

 
责编:
LINE

Text:AAAPrint
Economy

China alerts PPP, investment fund irregularities

1
2019-09-16 09:10Xinhua Editor: Gu Liping ECNS App Download
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China's central government has flashed red on irregular behavior in public-private-partnership (PPP) projects and local government investment funds.

"Local governments are encouraged to form public-private-partnerships with private companies, but local governments and private companies must cooperate on a benefit and risk-sharing footing," the Ministry of Finance (MOF) said Thursday in a statement.

Local governments can set up investment funds alone or jointly with private companies, but such funds must operate on a legal and market-oriented basis, it stressed.

The statement was released on the heels of a joint notice issued Wednesday by several governmental agencies including the MOF to ask provincial authorities to examine their financing practices as soon as possible and to rectify all irregularities by the end of July.

"Unless agreed by the central government, local governments and their subsidiary agencies are forbidden to promise to buy back private companies' investments, and may not undertake investment losses of private capital in any form," noted the statement.

Local governments are not allowed to promise a minimum return on investment to private companies in any form, and they are forbidden to undertake all the risks in such projects, it added.

Local governments have been looking to government-supported investment funds and PPP, a collaborative investment model between government and private companies, as ways to fund infrastructure projects as concern rises over local government debt and the central government tightens its grip on local financing platforms that were previously widely used.

By the end of last year, combined debt of central and local governments in China stood at 27.3 trillion yuan (4 trillion U.S. dollars), with a debt-to-GDP ratio of around 36.7 percent and the total outstanding local government debt climbing to 15.3 trillion yuan.

"The authorities are strengthening supervision of both capital source and capital use in PPP projects and local investment funds," said Zheng Chunrong with Shanghai University of Finance and Economics.

"PPP projects picked up momentum in 2016, but problems including the uneven sharing of risk among participants are emerging," said Li Qilin, a senior analyst with Lianxun Securities.

Last year, the number of signed PPP projects and total investment more than quadrupled from 2015, with private enterprises participating in more regions and sectors than ever before.

PPPs will become the main financing model for Chinese local governments in infrastructure investment up to 2020, with state-owned enterprises (SOEs) to play the leading role, global ratings agency Fitch predicted in a recent report.

The PPP model is in its infancy in China and SOEs have emerged as the main partners of local governments, rather than private investors, Fitch cautioned.

Financial regulators are increasing financial risk control and de-leveraging, as solid GDP growth in the first quarter provided more room for such adjustments, conducive to long-term growth.

"The document has further standardized local government debt management. They are not allowed to increase debt in the name of PPP projects," said Li with Lianxun Securities.

Li predicted that private companies will be more prudent in cooperation with local governments, and this will help improve quality of joint projects.

  

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