亚洲精品无播放在线播放,精品国精品自拍自在线,免费国产污网站在线观看不要卡,97色欧美视频在线观看,久久精品本无码一本,国产精品高清视亚洲一区二区,全部无码特级毛片免费播放

Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Foreign investment to increase water prices
Adjust font size:

The government has hinted that the price of water in China may go up in the near future, according to a report in Global Business & Finance.

The National Development and Reform Commission, the Ministry of Housing and the Ministry of Water Resources warned that the price of water supplies may rise following a series of buyouts of water utilities by foreign companies.

Several high premium purchases of water companies in 2007 indicated that foreign investment had begun to enter Chinese water supply market.

Foreign capital enters Chinese water market

Veolia Water signs contract with Tianjin Teda Investment to set up Tianjin Teda Veolia Water in 2007. 

In 2007, Veolia Water purchased a 45 percent share of the Lanzhou Water Supply Company for 1.71 billion yuan (US$249 billion) marking the beginning of an invasion of foreign capital into the Chinese water market. Other overseas water giants followed, including Sino French Water Development Company Limited. Foreign companies are willing to pay up to three times net asset value to purchase Chinese water companies.

Such high prices seem irresistible to local governments and enterprises. But sellers may not be thinking very far ahead. 

Foreign water companies are targeting China because the country's water market is still relatively undeveloped. Water consumption normally accounts for 4 percent of personal income abroad, while in China the figure is only 1.2 percent. In addition, China's large population and rapid urbanization promise a huge and growing market.

Currently water companies in China are public utilities, and government policy has been to keep prices low. But allowing private companies to operate water supplies indicates that prices will be allowed to rise in the near future. This in turn will be a signal for foreign capital to increase its investment in the Chinese water market.

1   2    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
Most Viewed >>
- Oil refiners report huge losses
- Half harvest remains unsold in Xinjiang
- China milk quality 'greatly improved' after melamine scandal
- Profit of telecom industry rises 10.3% in first 3Qs
- Microsoft giving free software to startups
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
  • <th id="fomfv"></th><noscript id="fomfv"></noscript>

    <fieldset id="fomfv"><font id="fomfv"></font></fieldset><sup id="fomfv"><menuitem id="fomfv"></menuitem></sup>

    1. <dfn id="fomfv"></dfn>
        1. 亚洲精品无播放在线播放,精品国精品自拍自在线,免费国产污网站在线观看不要卡,97色欧美视频在线观看,久久精品本无码一本,国产精品高清视亚洲一区二区,全部无码特级毛片免费播放 毛片无码免费无码播放 国产精品美女乱子伦高潮 久久男人av资源网站无码 亚洲精品中文字幕AV一本 国产成年无码V片在线 特级毛片直接看不用下载 亚洲深夜无码视频