Abstract:

With the improvement of people's economic conditions and living standard, the demand for public service is increasing. In order to meet people's growing demand for better public services, the state has vigorously promoted the cooperation between government and social capital(PPP) since 2014 to better realize public services. The PPP model can not only promote the quality of public services, but also take a special role in relieving the financial pressure of local governments and promoting the transformation and upgrading of state-owned enterprise. To achieve a valid and sound cooperation between state-owned enterprise and social capital, we shall positively establish credit and protection mechanism, cultivate professional talents and create more financing methods for social capital.

Key words: PPP model, public service, social capital