THE PUBLIC PRIVATE PARTNERSHIP MODE IN BEIJING CULTURAL TOURISM.

The aim of this paper is to analyze the concept of Public Private Partnership in Beijing cultural tourism. According to some experts, an important reason why cultural tourism PPP is difficult to land lies in the government's lack of predictability of its own affordability. For the government, whether it is capital investment or subsidies, it will be a long-term burden. It may not be obvious for one project, but if there are too many projects, it will cause local government financial pressure and will greatly increase the risk of exceeding public budget. [ABSTRACT FROM AUTHOR]