The ultimate aim of any modern corporate is growth with profit maximization. Growth is the first and foremost characteristic of nature and its products which include modern societies with all their industrial, agricultural and service sectors and above all the research organizations to cater to the needs of primary, secondary and tertiary sectors. Governed by the laws of the universe and nature, societies, markets and above all human life are in the constant churn of development in the realm of creativity and innovativeness.

The Hangzhou Bay Bridge (HBB) will be the second largest bridge and once completed, will be considered as one of the architectural wonders of the world. Despite the financial problems of the government budget, the bridge has been able to secure the finances from private investments. Such private financing of the project has changed the infrastructure financing scenario in China. The construction had commenced in June 2003, indicating the ability to implement and the political inclination to fulfill the vision to make Chinese infrastructure world-class. The project, when completed, would make Ningbo and northern Zhejiang province into a greater economic area. As HBB will be near the Shanghai Port, the bridge can also be used for the export of goods between the cities. In a nutshell, the future seems to be bright. The only challenge will be the proper maintenance of HBB once the construction is over.

The infrastructure promotes the socioeconomic development and builds up the regional, national and sometimes international network. Such development promotes logistics, economy and trade, tourism, culture, environmental protection and implementation of the modern technologies.

With the budget deficit in China, the government encouraged private bodies to invest in infrastructure. As far as financing is concerned, China has been successful in getting the loans from multilateral agencies. ADB has recently estimated that China has a better record than any other Asian country as far as payment is concerned and has been successful in generating cash flow as per the schedule.

Chinese infrastructure policy is not market-driven as there is always a lack of effective implementation of the rules. Even the issues like ownership of land and too much local protectionism restrict the healthy competition. This scenario has helped government corruption and misallocation of funds. The foreign investors are always therefore threatened by this unfavorable competitive environment, which must be changed in due course of time. Too much dependency on the private investment, and that too only from the domestic investors, may speed down the development process in any country and that leads to inefficient use of goods and services.