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This book discusses the reform and improvement of Chinese
legislation on Privately Financed Infrastructure Projects (PFIPs),
the goal being to help its implementation in China satisfy
international standards. In this regard, current Chinese laws are
found to be insufficient when it comes to reducing risks to PFIPs,
due to certain shortcomings. Therefore, the corresponding
legislation must be reformed and improved.The Legislative Guide and
Model Provisions drafted by UNCITRAL are discussed as the
international standards that can effectively guide this reform;
other countries' laws on PFIPs provide supplementary reference
material.Given the rapid rise in the use of PFIPs in China, this
book offers a strong theoretical basis for improving Chinese
legislation. It also provides general suggestions that can be
applied to the reform of laws on PFIPs in any country.
This book discusses the reform and improvement of Chinese
legislation on Privately Financed Infrastructure Projects (PFIPs),
the goal being to help its implementation in China satisfy
international standards. In this regard, current Chinese laws are
found to be insufficient when it comes to reducing risks to PFIPs,
due to certain shortcomings. Therefore, the corresponding
legislation must be reformed and improved.The Legislative Guide and
Model Provisions drafted by UNCITRAL are discussed as the
international standards that can effectively guide this reform;
other countries' laws on PFIPs provide supplementary reference
material.Given the rapid rise in the use of PFIPs in China, this
book offers a strong theoretical basis for improving Chinese
legislation. It also provides general suggestions that can be
applied to the reform of laws on PFIPs in any country.
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