Abstract:The low performance level of PPP projects is the main problem that plagues the promotion and application of PPP projects. In order to improve the performance level of PPP projects, the system dynamics method was introduced to analyze the main influencing factors of PPP project financing performance from the perspective of the three parties, and four schemes were designed. The simulation results show that the influence factors of the government have the greatest impact on the performance of PPP projects, especially the impact of government subsidies and government preferential policies. Secondly, they are the impact of the public's license price and the service quality level of the project on the performance of PPP projects; Furthermore, they are the impact of reasonable financing structure and operational management level of social capital on PPP performance. Finally, when considering the influencing factors of PPP projects, we should consider the influence of the core stakeholders such as the government, the public, and social capital, and propose reasonable suggestions for improving the performance of PPP projects from the perspective of the three parties.