Report explicitly praised China's toll road policy, he said:. 'The world does not have any other country, it is possible in such a short period of time, large-scale road to improve its asset base,' the World Bank report also clear recommendations China Europe and Japan should learn to take more successful approach is to extend the fee period, the borrower in the country unified, uniform fees, unified policy repayment. Wang, for example, Japan enacted in 1956 with 'Highway Public Corporation Law', and shall set up a construction and management of toll highways for the mission of 'Highway Public Corporation,' 50 years after the completion of the national highway network in Japan, but also accumulated the more than 387,000 billion yen (about more than 21,000 billion yuan) debt. By 2005, Japan has introduced a new law on toll roads reformed, the legal name is very interesting, called 'Japan Expressway holding and debt repayment assets Institutions Act.' Set up a special agency, has inherited all the assets of the highway network built Highway Public Corporation, on behalf of the State to master, but also bear the responsibility for all debts repaid. The law set target in 2050 is to complete repayment task if ManDaManSuan, in fact, from 1952, began construction in 2050 for a fee of 98 years. The newly formed 'Japan Expressway holding and debt repayment agency assets' in the succession of road asset management functions of the former Highway Public Corporation at the same time, toll roads across the country to implement the system by the system also past decade have yielded positive results. Let's look at the status of our country, Hebei Province in 2014 was 5811 km toll highway mileage, and time, 'Japan Highway Public Corporation' into the highway network in Japan roughly the mileage, but the debt is how much? Debt is 276.9 billion yuan, equivalent to 2005 1/7 Japan Highway debt. So from that point of view, the size of the debt of highway in the world than the range is not very great, and the level of debt per mile is not high, that we have a better price. Wang pointed out that in 2014 we have formed 112,000 km highway, but our actual debt balance, specific to the actual highway is 3.5 trillion, the debt is not great, the key is the policy must
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