Irrigation canals run through fertile fields、The dam rises from the ground。Since this year，Yaojiaping Water Control Project in Hubei Province、Construction of Sanba Reservoir and Other Major Water Conservancy Projects in Sichuan，Speed up the construction of national water network，Improve the pattern of water resources allocation。

Last year，China's investment in water conservancy construction has exceeded trillion yuan for the first time.。This year, the construction of national water network has been further accelerated.，In the first quarter, 189.8 billion yuan was invested in water conservancy construction nationwide.，Year-on-year growth of 76%。From a local perspective，Guangdong、Hebei、Chongqing and Other Provinces and Cities Announced 2023 Water Conservancy Investment Plan，The amount of investment has increased considerably compared with last year.。

The National Development and Reform Commission said.，Large construction scale of national water network project，Investment demand is high，The national water network project will be taken as an important support area.，Maintain a reasonable intensity of investment in the central budget。At the same time，Deepening the reform of investment and financing system and mechanism，Actively guide all kinds of investors, especially private enterprises, to participate in compliance with the law.，Promoting and speeding up the construction of water network projects through market-oriented reform。

Major water conservancy projects were accelerated.

Water is the lifeline，The bearing space of water determines the development space of economy and society.。One has a smooth circulation.、Regulated national water network，It can effectively enhance the ability of water resources allocation.，Provide strong water support for economic and social development。

Large mechanical iron arm waving、The bucket breaks through the earth。May 20，One of the 150 major water conservancy projects in China、Important node project of water network in southern Chongqing——Construction of Main Works of Zaodu Reservoir in Chongqing。Total investment of the project 101.2.3 billion yuan，It is expected that the diversion tunnel will be completed by the end of 2023 and the flow conditions will be met.，Close the sluice gate to store water in 2027。

The person in charge of Zaodu Reservoir Project Office introduced.，After the completion of the project，The flood control capacity of Qijiang District, where the main project is located, can be increased from 20 years to 50 years.。The newly increased annual water supply is about 1.7.9 billion cubic meters，Multi-source water supply guarantee pattern will be formed in southern Chongqing。

Located at the right bank of the Hanjiang River downstream of the Danjiangkou Reservoir Dam, the project of water diversion from the Yangtze River to the Hanjiang River.，The construction team is non-stop。

As a follow-up water source project of the Middle Route of the South-to-North Water Transfer Project，The project of diverting water from the Yangtze River to the Hanjiang River diverts water from the Three Gorges Reservoir area of the Yangtze River to the Hanjiang River，The terminal point is located at the Anle estuary on the right bank of the Hanjiang River downstream of the Danjiangkou Reservoir Dam.，Total length 194.8 kilometers。After the implementation of the project，The average annual volume of water diverted from the middle route of the South-to-North Water Diversion Project will increase from 9.5 billion cubic meters to 115.100 million cubic meters，At the same time，Replenish water to the middle and lower reaches of the Hanjiang River and along the project，And supplement the water volume of the Hanjiwei Water Diversion Project。

The relevant person in charge of the Ministry of Water Resources introduced recently.，Since this year，The Ministry of Water Resources has comprehensively accelerated the construction of water infrastructure.，Vigorously promote the early opening of multiple projects。First quarter of this year，There are 7,239 new water conservancy projects in China.，1948 more than the same period last year。Construction of Yaojiaping Water Control Project in Hubei、11 major water conservancy projects such as Fenghuangshan Reservoir in Anhui，6 more than the same period last year。

According to the recently released《Outline of National Water Network Construction Plan》，Next step，Focusing on improving water resources allocation and water supply guarantee system、Basin flood control and disaster reduction system, etc.，Relevant departments will also promote a number of major water conservancy projects.。Among，Focus on promoting the upper reaches of the Qujiang River in the Yangtze River Basin、Tuojiang River，Qingjiang River system in the middle reaches，Downstream Shuiyang River、Construction of control hub of Qingyi River and other tributaries。

Investment in water conservancy in many places increased significantly year on year.

Water conservancy project is a livelihood project，It is also an important development project.，Steady investment、Significant role in expanding domestic demand。

According to the Ministry of Water Resources，Last year，The investment in water conservancy construction in China in the whole year was 1089.3 billion yuan.、An increase of 43% over 2021.8%，Step up to trillion yuan for the first time。Investment in water conservancy construction will continue this year.，First quarter，A total of 189.8 billion yuan was invested in water conservancy projects nationwide.，Year-on-year growth of 76%。Guangdong、Yunnan、Hebei、Fujian、Zhejiang、Sichuan and other six provinces completed investment of more than 10 billion yuan in the first quarter.。

According to local water conservancy investment in 2023“Mission statement”，Hubei、Hebei、The investment in water conservancy in Chongqing and other provinces and cities this year has increased significantly compared with last year.。Among，Chongqing's Water Conservancy Investment Scale Should Reach 39 Billion yuan，50% increase over the previous year%；The water conservancy industry in Liaoning Province plans to complete an investment of 22.1 billion yuan in 2023，An increase of 15% over the previous year%；The scale of water conservancy investment in Hebei will reach 70 billion yuan，Year-on-year growth of 20%Left and right；Hubei's Water Conservancy Investment Strives to Reach 62.5 Billion yuan，Year-on-year growth of 25%。

“‘Fourteen five’Period，The national plan to complete water conservancy investment 5.2 trillion yuan，Compare‘The 13th Five-Year Plan’Real investment increased by 57%。2022 Completed Progress 35.7%，It is expected to accelerate implementation in the future.。”Said Luo Junjie, a senior macro researcher at Zhixin Investment Research Institute.。

According to the Ministry of Water Resources,，Every 100 billion yuan invested in major water conservancy projects，It can be drivenGDPGrowth 0.15 percentage points。

Luo Junjie said，The pulling effect of water conservancy investment on related industries and overall investment is very obvious.。“Strong driving effect of industrial chain of major water conservancy projects，Involving a large number of earthwork development、Concrete pouring，It requires the use of a large number of bulk raw materials, machinery and electromechanical equipment.，It has a driving effect on the relevant upstream, midstream and downstream industrial chains.。”Luo Junjie said。

Actively guide all kinds of investors to participate

Industry insiders pointed out，Large-scale construction of major water conservancy projects，Investment demand is high，While increasing financial input，Need to give full play to the role of the government and the market，Guiding all kinds of investors, especially private capital, to participate。

Relevant person in charge of the Ministry of Water Resources.，Last year，Water conservancy projects are striving to increase financial input.，Make full use of local government special bonds、Policy-oriented development financial instruments，Actively promote cooperation between the government and social capital（PPP）Model Development and Water Infrastructure Investment Trust（REITs）Pilot。Local government special bonds amounted to 203.6 billion yuan in the whole year.、Growth 52%，320.4 billion yuan of financial credit and social capital、Growth 78%。

“In recent years，The diversification of investment subjects in the field of water resources has been improved.，However, due to the low financial return rate of water conservancy projects,、Long return cycle and other factors.，The enthusiasm of social capital investment is still not high.，The proportion of investment is also significantly lower than that of government investment.。”Wu Youhong, director of the Investment System and Policy Research Department of the Investment Research Institute of the Chinese Academy of Macroeconomics, said.。

“The national water network project has a strong public welfare.，But at the same time, it also has a certain operational nature.，Therefore, we should give full play to government investment and market financing.、State-owned capital and private capital play many roles.。”Zhao Chenxin, deputy director of the National Development and Reform Commission, said at a recent press conference held by the State New Office.，Next step，Deepening the reform of investment and financing system and mechanism，Implementing water price standards and charging system，Expand the scale of equity and debt financing，Promoting and speeding up the construction of water network projects through market-oriented reform。

Wu Youhong suggested，According to the functional attributes of different types of water conservancy projects、Investment scale、Profitability and other characteristics，Strengthening policy support and regulatory services。For water conservancy projects with operating income，We should actively encourage and guide social capital through equity cooperation.、Franchise、Government and social capital cooperation and other ways to participate in investment、Construction and operation。Actively explore and apply the comprehensive development model，Build“Gain weight and feed thin”Mechanism，Public welfare will be strong.、Effective integration of water conservancy projects with poor profitability and related industries with better profitability，Promote the integrated implementation of total factor resources.。