Yes

Generally speaking, PPP projects are all projects with financial expenditure responsibility.

The specific scale of PPP projects supported by local finance requires local governments to reflect it in the final accounts report, and it will appear in the general budget. The guidelines do not specify whether a certain proportion of the budget expenditure of government funds is used to support PPP projects.

the general public budget and the government fund budget are the bulk of the government's annual fiscal expenditure budget. In the past, investment projects mainly appeared in the government fund budget, while the government's fiscal expenditure in the form of subsidies in PPP projects was included in the general public budget. In the eyes of many experts, this is to prevent PPP from overheating and not to bring excessive financial pressure.