China welcomes foreign investors to participate
in urban water supply and sewage disposal projects,said Chinese
Construction Minister Wang Guangtao here Sunday. Addressing an international symposium on the
development of urban water-related projects, Wang said China will
diversify the financing channel for the construction and operation of
urban water projects. China's water sector boasts ample business
opportunities. Statistics showed that the investment in China's sewage
disposal industry is to exceed 500 billion yuan (about 60 billion US
dollars). By 2004, nearly half of sewage in various parts
of China was discharged without treatment. The symposium was attended by over 1,500
delegates from Chinese government, water companies, research institutes,
domestic and overseas financial
institutions.
Source: xinhua
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