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26.05.2024
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$ 89.7
€ 97.1

China to increase investment in water supply

1200x800 copy copyhina will increase investments in the construction of the national water supply network, said Deputy head of the State Committee for Development and Reform Zhao Chenxin.

Increased investment from the central budget will be directed to support the construction of facilities of the national water supply network, which cover various regions of the country. These funds will also be used for the needs of investing in large projects in the field of flood prevention and grain production in the country, he said.
According to him, local authorities will have to consider investments in the construction of water supply networks as a priority and ensure the reliable implementation of relevant projects.
China will attract investors of all categories to participate in the construction of this network, especially private sector investors, Zhao Chenxin added.
China recently published a plan for the construction of a national water supply network for the period 2021-2035 as part of the country's efforts to strengthen water security capacity.
The document sets many long-term goals, including the formation of a national water supply network, the creation of water supply networks at the provincial, city and county levels, as well as promoting the creation of a national water security system that meets the requirements of the implementation of socialist modernization, Xinhua News writes.