The General Office of the Yunnan Provincial People's Government issued the “Implementation Plan to Regulate the Construction and Operation of Government and Social Capital Cooperative Stock Projects” to promote the smooth and healthy operation of the entire life cycle of the provincial government and social capital cooperative stock projects, effectively prevent and mitigate the risks of stock projects, and promote the quality and efficiency of public services. Among them, it is mentioned to speed up the revitalization and integration of existing projects. Governments at all levels should urge and guide project implementation agencies to fully tap the value of the project, increase operational benefits, and enhance the “hematopoietic” capacity of the project. For projects with stable cash flow, it is necessary to actively explore ways to revitalize existing assets through debt-for-equity swaps, asset securitization, and introduction of insured long-term capital. It is necessary to promote the integration and sharing of resources among existing projects, optimize the allocation of assets and resources, encourage cooperation in technology, talents, equipment, etc., strengthen the linkage between upstream and downstream projects, and achieve complementary advantages. Proceeds obtained by the project company through revitalization and development can be used to deduct government operating subsidies in accordance with the law and procedures after equal negotiations between the parties.

The General Office of the Yunnan Provincial People's Government issued the “Implementation Plan to Regulate the Construction and Operation of Government and Social Capital Cooperative Stock Projects” to promote the smooth and healthy operation of the entire life cycle of the provincial government and social capital cooperative stock projects, effectively prevent and mitigate the risks of stock projects, and promote the quality and efficiency of public services. Among them, it is mentioned to speed up the revitalization and integration of existing projects. Governments at all levels should urge and guide project implementation agencies to fully tap the value of the project, increase operational benefits, and enhance the “hematopoietic” capacity of the project. For projects with stable cash flow, it is necessary to actively explore ways to revitalize existing assets through debt-for-equity swaps, asset securitization, and introduction of insured long-term capital. It is necessary to promote the integration and sharing of resources among existing projects, optimize the allocation of assets and resources, encourage cooperation in technology, talents, equipment, etc., strengthen the linkage between upstream and downstream projects, and achieve complementary advantages. Proceeds obtained by the project company through revitalization and development can be used to deduct government operating subsidies in accordance with the law and procedures after equal negotiations between the parties.