The Implementation Opinions on Promoting the Standardized Development of Government and Social Capital Cooperation issued by the Ministry of Finance on March 7 (Jin Cai [20 19] 10, hereinafter referred to as Jin Cai 10) stipulates that "financial departments at all levels should give priority to standardized operation, implement standardized PPP projects in strict accordance with requirements, and must not commit any of the following acts: ..." PPP projects that prohibit financing platforms from participating as social capital are limited to government projects at the same level, that is, financing platforms at the same level cannot act as "white gloves" for governments at the same level, which is equivalent to quietly "loosening" financing platform companies to participate in PPP projects.