China will impose the strictest control over water resources,
according to a government work report released to the media ahead of the
parliament's annual session.
The government will rationally set and adjust water resource fees in
different localities, and carry out integrated price reform of water
used for agricultural purposes, says the report to be delivered by
Premier Wen Jiabao at the opening meeting of the Fifth Session of the
National People's Congress (NPC).
The report came after the Ministry of Water Resources (MWR) said
earlier last month it would invest more than 140 billion yuan (22.2
billion U.S. dollars) in water conservation projects this year, higher
than 114.1 billion yuan last year.
The report also vows to improve pricing mechanisms for nuclear power,
hydropower, and power generated from other renewable energy sources.
A draft plan for water conservation covering 2011-2015 targets
involves a total investment of 1.8 trillion yuan (285.7 billion U.S.
dollars), according to the MWR.
The country will start trials of trading carbon emissions and the
cap-and-trade scheme for pollution rights, and move faster to establish a
compensation mechanism for ecological damage, according to the report.
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