China is making a splash in the global sustainability scene by setting an ambitious goal to expand its water conservation industry to a trillion yuan by 2027. This strategic move seeks to attract more foreign and private capital, paving the way for groundbreaking advancements in water-saving technologies and sustainable practices.
The National Development and Reform Commission (NDRC) recently unveiled a comprehensive guideline aiming to cultivate industry leaders valued in the tens of billions by 2035. The focus is on elevating water-saving technologies, manufacturing processes, and management services to meet global standards.
Technological breakthroughs will target the treatment and recycling of organic and high-salinity wastewater, efficient cooling systems, and innovative water-saving washing processes. To showcase these innovations, regions with the necessary capacity are encouraged to organize water-saving product fairs, trade shows, and technology exhibitions.
A new platform for water-saving enterprises will foster the exchange of advanced technologies and deepen cooperative partnerships, stimulating both supply and demand within the water conservation sector. Additionally, research institutions and high-tech enterprises are being called to participate in international water-related initiatives, supporting projects aligned with the Belt and Road Initiative's high-quality development goals.
Faced with fundamental water scarcity challenges due to its large population and uneven water distribution, China recognizes water conservation as the key solution. The country has already implemented national-level water conservation regulations and set targets to reduce water consumption per GDP and industrial added value by 13% from 2020 levels by 2024.
Significant reforms in agricultural water pricing and incentives for water-saving practices are underway, alongside efforts to increase the utilization of unconventional water sources like rainwater and recycled water. China's commitment extends to enforcing mandatory limits on water resource usage, replacing water resource fees with a nationwide tax, and phasing out outdated water-consuming equipment.
By regularly publishing catalogs of applicable water-saving technologies and listing industrial processes and equipment encouraged at the national level, China aims to ensure the widespread adoption of advanced water conservation measures. These initiatives position China as a leader in sustainable water management, offering ample opportunities for global partners and innovators to join the effort.
Reference(s):
cgtn.com
