The effects of economic restructuring on China's system for financing transport infrastructure

The effects of economic restructuring on China's system for financing transport infrastructure

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Article ID: iaor1999274
Country: United Kingdom
Volume: 32A
Issue: 3
Start Page Number: 183
End Page Number: 195
Publication Date: Apr 1998
Journal: Transportation Research. Part A, Policy and Practice
Authors: , ,
Keywords: developing countries, urban affairs
Abstract:

Since the late 1970s, the Chinese government has introduced new measures based on a Beneficiary-Pay System for financing transport infrastructure. In this paper, first we review the changes in the system for financing transport infrastructure over the last 50 years in China and analyze the characteristics of the current system. Second, we compare the Chinese Beneficiary-Pay System with those implemented in the US and Japan. Finally, we highlight several problems in the present Chinese system, focusing mainly on the Beneficiary-Pay System, and derive possible solutions for them.

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