In recent years, PPP projects have entered into a rapid developing period in China. Both the theoretical and practical groups have paid high attention to the legal issues arising from the projects. PPP project financing is different from the traditional mortgage financing or secured financing. This thesis focuses on the financial issue under PPP model, with the view of the development of legislation on PPP/PFI in UK, especially on the financial part, and the puts forward proposal for the related legislation in China.