Quantitative research on water conservancy investment and financing policies in the Yangtze River Delta region based on the PMC index model

Abstract

[Objective] Conducting quantitative analysis of water conservancy investment and financing policies can provide crucial references for the formulation and improvement of subsequent related policies, accelerating high-quality water conservancy development. [Methods] Content analysis and text mining techniques were comprehensively applied to organize and analyze the water conservancy investment and financing policies in the Yangtze River Delta region, and an evaluation index system was established. The Policy Modeling Consistency(PMC) index model was applied to conduct quantitative analysis of eight policies from four provinces(municipalities) in the Yangtze River Delta, and improvement pathways were proposed accordingly. [Results] The result indicate that:(1) the overall policy design was relatively reasonable, with all eight selected policies rated as excellent and none classified as perfect, acceptable, or poor.(2) The water conservancy investment and financing policies in provinces(municipalities) showed notable strengths in policy targets, policy nature, and policy evaluation. However, there were certain shortcomings in policy instruments and policy incentives that required urgent improvement. [Conclusion] Through quantitative study on water conservancy investment and financing policies in the Yangtze River Delta region, important references can be provided for the formulation and improvement of relevant policies in different regions of China.

Keywords

water conservancy investment and financing / PMC index model / text mining / policy quantitative evaluation / Yangtze River Delta Region / influencing factors