The Hubei Provincial Government Network reported today that on December 17, Deputy Secretary of the Hubei Provincial Committee and Governor Li Dianxun hosted a special meeting of the provincial government to study the capitalization reform of state-owned water resources and water projects throughout the province. Li Dianxun pointed out that Hubei has unique resource advantages in rivers, lakes, and reservoirs. It is necessary to more scientifically and pragmatically push forward the asset transformation of state-owned water resources and water projects to better serve the high-quality economic and social development of the province. First, it is necessary to confirm, confirm, and confirm the value in accordance with legal procedures and financial rules on the basis of thorough inventory, classification, judgment, and strict review of state-owned water resources and water projects throughout the province in accordance with the requirements of “full field, full caliber, and full coverage”. Second, on the basis of inventory and authorization, it is necessary to explore and implement the classification management of “operating assets, quasi-public welfare assets, and pure public welfare assets” according to the functional attributes and supervisory requirements of water resources and water engineering, and formulate corresponding management measures and operating models separately. Third, it is necessary to explore specific ways to revitalize utilization such as “use, sale, rent, and finance” according to the usage function, asset value, and market conditions of water resources and water engineering, in accordance with regulations, scientific and pragmatically, on the basis of inventory, certification, classification and management, and strive to preserve value, increase value, and make efficient use.

The Hubei Provincial Government Network reported today that on December 17, Deputy Secretary of the Hubei Provincial Committee and Governor Li Dianxun hosted a special meeting of the provincial government to study the capitalization reform of state-owned water resources and water projects throughout the province. Li Dianxun pointed out that Hubei has unique resource advantages in rivers, lakes, and reservoirs. It is necessary to more scientifically and pragmatically push forward the asset transformation of state-owned water resources and water projects to better serve the high-quality economic and social development of the province. First, it is necessary to confirm, confirm, and confirm the value in accordance with legal procedures and financial rules on the basis of thorough inventory, classification, judgment, and strict review of state-owned water resources and water projects throughout the province in accordance with the requirements of “full field, full caliber, and full coverage”. Second, on the basis of inventory and authorization, it is necessary to explore and implement the classification management of “operating assets, quasi-public welfare assets, and pure public welfare assets” according to the functional attributes and supervisory requirements of water resources and water engineering, and formulate corresponding management measures and operating models separately. Third, it is necessary to explore specific ways to revitalize utilization such as “use, sale, rent, and finance” according to the usage function, asset value, and market conditions of water resources and water engineering, in accordance with regulations, scientific and pragmatically, on the basis of inventory, certification, classification and management, and strive to preserve value, increase value, and make efficient use.