New Water Price Regulations Intended to Rationalize Supply

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By Tarrant M. MahonyAs part of China¡¦s on-going battle to rationalize the management and operation of its water industry, promote national development…

By Tarrant M. Mahony

As part of China¡¦s on-going battle to rationalize the management and operation of its water industry, promote national development and conserve natural resources, the National Development and Reform Commission (NDRC) recently issued the Administration of the Price of Water Supplied by Water Conservancy Projects Procedures (the Procedures), which became effective as of January 1 2004.  The Procedures apply to all water conservancy projects in the PRC.

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