【Abstract】 The reporter learned on the 10th that the "Decision of the Central Committee of the Communist Party of China and the State Council on Accelerating the Reform and Development of Water Conservancy" will be issued soon. The central government will issue a series of policies such as finance, investment and finance to support the development of water conservancy reform.

According to brokerage report analysis, investment in water conservancy construction in the “12th Five-Year Plan” will reach 2.11 trillion yuan, an increase of 184% over the “Eleventh Five-Year Plan” period.

The Minister of Water Resources, Chen Lei, revealed at the National Water Conservancy Work Conference that closed at the end of last month that the recently concluded Central Rural Work Conference focused on research and deployment to speed up the development of water conservancy reforms and discussed the forthcoming decision of the CPC Central Committee and the State Council on accelerating the development of water conservancy reforms. This further clarified the strategic positioning of water conservancy under the new situation, the guiding ideology, main principles, goals, tasks, work priorities, and policy measures for water conservancy reform and development.

Chen Lei introduced that the Central Government has already raised water resources to a strategic height that relates to economic security, ecological security, and national security.

It is reported that the forthcoming new policies and measures will cover various fields such as finance, investment, finance, taxation, land, prices, and performance evaluation. It is clearly proposed that the government should play a leading role in water conservancy construction, and all levels of fiscal funds should invest in water conservancy projects. The total amount and growth rate should be significantly increased, further increase the proportion of water conservancy construction funds in the national fixed-asset investment, greatly increase the central and local fiscal special water conservancy investment, further improve the water conservancy fund policy, extend the expropriation period, broaden the source channels, increase The scale of income will guide financial institutions to increase water credit funds, attract a wide range of social capital to water conservancy construction, and strive to increase the annual average input of water resources in the society in the next 10 years compared to 2010.

Although Chen Lei did not disclose the future water conservancy investment growth target, some experts had disclosed that the Central Document No. 1 mentioned that 10% of the land transfer funds should be used for irrigation and water conservancy construction, and strive to achieve the annual average annual water conservancy for the next 10 years. The investment is twice as high as in 2010. According to the data recently released by the Ministry of Land and Resources, in 2010, the country’s land transfer fees reached 2.7 trillion yuan, and this alone will provide 270 billion yuan in funds for water conservancy construction. The Ministry of Water Resources data also showed that the total water conservancy investment during the “Eleventh Five-Year Plan” period was 1.93 times that of the “Tenth Five-Year Plan”.

According to a report from Guosen Securities, the average annual water investment will reach 4000-500 billion yuan in the next decade, an increase of 240% over the average annual growth of 117.4 billion yuan during the 11th Five-Year Plan Period. The investment will be mainly directed to 13 grain owners. Production areas are concentrated. The Qilu Securities Report also believes that investment in water conservancy construction during the 12th Five-Year Plan will reach 2.11 trillion yuan, an increase of 183.85% over the "Eleventh Five-Year Plan" period. Listed companies directly benefiting include Gezhouba, Guangdong Hydro, and Anhui Water Conservancy.

Chen Lei believes that for the “Twelfth Five-Year Plan” water conservancy to achieve new development, it is necessary to establish a stable growth mechanism for water conservancy investment, give full play to the role of public finance as the main channel, greatly increase the scale of financial investment at all levels of finance, and enrich and improve the collection of central and local water conservancy construction funds. Policies, expand the source and scale of the fund, and improve the relevant financial subsidy policy. Strengthen policy financial support for water conservancy construction. Encourage all localities to actively introduce supportive policies, increase the amount of one-on-one financial compensation, and widely attract social funds to participate in water conservancy construction.

Therefore, when arranging the water conservancy work in 2011, Chen Lei asked: “Water conservancy departments at all levels should actively report to the local party committee and government, clarify the main responsibilities of the government in the development of water conservancy, and effectively use water conservancy as a priority area for public budget planning. Increase water conservancy investment and do everything possible to implement local matching funds."

At the same time, Chen Lei also requested that the new year should further broaden the investment and financing channels for water conservancy. Not only should efforts be made to establish new mechanisms for investing in water conservancy by the central and local governments, but also speed up research and development to attract farmers’ funds, credit funds, and all aspects of society’s investment in water conservancy infrastructure. Construction policy measures.

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