Abstract: Hu Shouyi, Vice Minister of Water Resources, said at a press conference held yesterday that the Ministry of Water Resources will encourage companies to transfer water rights in order to achieve the "three red lines" control goal. According to industry insiders, this means that traditional industries such as coal chemical, coal power, and papermaking are expected to gain additional water rights gains through technological transformation.

According to the "Opinions on the implementation of the most stringent water resources management system," the Ministry of Water Resources will suspend the approval of newly-added water intake for construction projects in areas where the total amount of water used has reached or exceeded the control targets; for areas where the total amount of water drawn is close to the control targets, New water withdrawals will be restricted.

Such measures may cause problems. For example, if existing enterprises in a certain place are large water users and the total amount of local water use has reached or exceeded the control target, then a modern enterprise will have its water consumption and pollution. The amount is low. Then, the competent authority should not allow subsequent companies to pass the approval?

In this regard, Hu Siyi said, "We encourage the exploration of the use of economic means to promote the allocation, conservation and protection of resources."

According to the introduction, the criteria for suspending approvals and restricting approvals cannot be changed, but the Ministry of Water Resources encourages the transfer of water rights among enterprises and solves similar problems through economic means.

People in the industry believe that this will mean that traditional industries are expected to pass technological transformation, reduce operating costs, and obtain an additional income through the transfer of water rights. According to reports, the traditional high-water-consuming industries include coal chemical industry, coal power, and papermaking.

The reporter was also informed that, in order to guide traditional industries to save water, the Ministry of Industry and Information Technology is organizing the preparation of the “12th Five-Year” special industrial water-saving plan to guide the industrial water-saving work in an all-round manner and implement the strictest water resource management system.

The data shows that China's current industrial water reuse rate is still less than 60%, there is still a lot of space for water conservation in traditional industries.

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