Annotation

The research of legal policy of China in the field of development of public-private partnership (hereinafter PPP) is of high scientific and practical value especially to Russian researchers of Chinese law and legal practitioners accompanying external economic activities. This is due to the establishment and improvement of Russian-Chinese strategic cooperation, as well as the creation of joint infrastructure projects within the framework of the initiative designated by the PRC “One belt, one way”. The article deals with the definition of the public-private partnership and the peculiarities and the evolution of its legal regulation from the economic reforms of the 1980s to the current stage, including an analysis of the latest regulatory documents of 2023. The author examines in detail the problem of determining the legal nature of PPP agreements in the Chinese legal system and the new PPP mechanism with priority projects “paid by users”, introduced in 2023 by the Notification of the State Commission for Development and Reforms and the Ministry of Finance of China. Despite the successful implementation of the main part of the projects in the framework of the interaction between state and business, there are several problems faced by PPP entities in China. The difficulties in resolving disputes between public and private entities under PPP agreements are highlighted. To that end, the article reveals the contradiction between the new dispute resolution mechanism and the established judicial practice, giving examples from the law enforcement practice.