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The water industry is poised for a significant transformation aimed at fostering independent operations in natural monopolies and market-oriented reforms in competitive sectors. This initiative will deepen the reform of water usage rights, enhance the water pricing mechanism, and implement the transition from water resource fees to taxes. Concurrently, the construction, operation, and management frameworks of major water projects will be refined, and investment and financing reforms will be further strengthened to bolster financial services and diversify funding avenues. Furthermore, the development of digital twin river basins has been prioritized, and mechanisms for realizing the value of ecological products and compensating for ecological protection will be optimized to facilitate coordinated and effective compensation for ecological damage.
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