The construction of water conservancy projects is one of the fundamental guarantees for people's lives, and it is very important to build a sound water conservancy facility. Accelerating the reform and development of water conservancy is not only related to the development of agriculture and rural areas, but also related to the overall economic and social development; it is not only related to flood control safety, water supply safety, food safety, but also economic security, ecological security and national security. As a result, the state attaches great importance to China's water conservancy construction, and the scale of investment continues to expand.

Market overview of China's water conservancy engineering industry

From the perspective of the scale of China's water conservancy construction investment plan, the scale of China's water conservancy construction investment plan from 2010 to 2019 increased in fluctuations. In 2019, the national water conservancy construction plan investment scale was 746.223 billion yuan, a year-on-year increase of 13.10%.

According to the data of the Ministry of Water Resources, from 2010 to 2019, the completed investment in water conservancy construction in China showed a trend of fluctuating growth. In 2019, the investment in water conservancy construction was 726 billion yuan, a year-on-year increase of 9.96%.

China's water conservancy construction investment funds are mainly used in flood control projects, water resources projects, soil and water conservation and ecological construction, hydropower projects, industry capacity building, preliminary work and other seven aspects. Among the investments completed in 2019, the investment in flood control construction was 225.1 billion yuan, accounting for 31%; the investment in irrigation was 130.7 billion yuan, accounting for 18%; the investment in waterlogging removal was 18.2 billion yuan, accounting for 2.5%; the water supply was completed The investment is 145.2 billion yuan, accounting for 20%; the investment in hydropower projects is 18.2 billion yuan, accounting for 2.5%; the investment in water conservation and ecological construction is 79.9 billion yuan, accounting for 11%.

Among them, flood control projects, water supply and irrigation accounted for 69% of the total investment and were the main investment directions for water conservancy construction.

From 2010 to 2018, China's water conservancy construction projects showed an upward trend. In 2018, 27,930 water conservancy construction projects were constructed, a year-on-year increase of 4.61%; among them, 16,928 water conservancy construction projects were invested by the central government, an increase of 8.8% over 2017, and the investment in construction was 1,420.47 billion yuan, a year-on-year increase of 7.1%. There were 19,786 newly started projects, an increase of 0.3% compared with 2017, and the new investment scale was 606.02 billion yuan, a decrease of 33.2% compared with 2017.

The investment scale of major water conservancy projects under construction in China exceeds one trillion yuan

The relevant person in charge of the Planning and Planning Department of the Ministry of Water Resources said that of the 172 major water conservancy projects implemented in 2014, a total of 149 projects have been started, 49 projects have been completed, and 19 projects have been completed and accepted. At the same time, the construction of 150 major water conservancy projects identified by the State Council for 2020 and the follow-up is also accelerating.

The emergency treatment project for bank collapse in the Jiangxi section of the main stream of the Yangtze River, which started in November 2021, is one of 150 major water conservancy projects. As of the end of 2021, 67 of the 150 major water conservancy projects have been approved and 62 have started. At present, the investment scale of major water conservancy projects under construction in China exceeds 1 trillion yuan.

Li Guoying, Minister of Water Resources, when talking about the key tasks in 2022 at the 2022 National Water Conservancy Work Conference, emphasized that the construction of the national water network should be accelerated, and the high-quality development of the follow-up projects of the East and Middle Routes of the South-to-North Water Diversion Project should be promoted in a scientific and orderly manner; Water diversion projects such as the Wei River, Jiangxi Huaihe River, etc., as well as the construction of key water source projects such as Tianjiaotan in Hainan and Xianghe River in Tibet; accelerate the preliminary work of major water conservancy projects such as water resources allocation around the Beibu Gulf, and water diversion from the Xiongan Canal in Hebei, and improve the national backbone water supply foundation Facility network.

Market development direction of China's water conservancy engineering industry

At present, China's water conservancy construction investment has changed from a single investment system in which the main investment body is the state and the investment channel is mainly the state financial appropriation. A diversified, multi-level and multi-channel investment pattern in which foreign capital and other countries participate. At present, there are more than 30 sources of water conservancy investment channels, and market mechanisms can be actively used to raise funds for water conservancy construction.

Due to the huge investment in water conservancy construction, the state has introduced social capital to expand financing channels. For quasi-public and commercial water conservancy projects, the state has adopted measures such as approving franchise rights, relaxing restrictions on social funds participating in water conservancy construction, and improving return guarantees. Use the amount of domestic and foreign loans to raise funds from the society in various forms, and actively promote the use of bonds to raise funds for the construction of water conservancy facilities, and encourage foreign businessmen, all sectors of society, enterprises, institutions, and individuals to actively participate in urban water supply and water-saving irrigation. , investment, construction and operation of rural hydropower projects. Editor / Xu Shengpeng