The second is to clarify the way of social capital participation. It is necessary to release the increment, revitalize the stock, revitalize the existing state-owned assets of major water conservancy projects, and use the raised funds for new project construction; For new projects, it is necessary to establish and improve the cooperation mechanism between the government and social capital (PPP), and encourage social capital to participate in the construction and operation of major water conservancy projects in various forms such as franchising and equity participation. Among them, the construction and operation of comprehensive water control projects and water supply and drainage networks in big cities are controlled by the Chinese side as required.
The third is to promote the improvement of price formation mechanism. We will improve the mechanism that prices are mainly determined by the market, and explore the implementation of negotiated pricing between project investment and business entities and users. Encourage the determination of power generation prices through market competition such as bidding and direct electricity trading.
The fourth is to give play to the guiding role of government investment. For similar projects, the central water conservancy investment gives priority to projects that introduce social capital. The assets formed by the public welfare part of government investment are owned by the government, and they cannot participate in the distribution of production and operation income according to regulations. Encourage the development of investment funds and support major water conservancy projects.
Fifth, improve the project financial subsidy management. For major water conservancy projects undertaken by the government and social capital cooperation (PPP) with certain public welfare tasks, the project income can not cover the cost and income, but the social benefits are good, and the government can give appropriate subsidies to the project maintenance and management funds.
The sixth is to clarify the rights and obligations of investors and business entities. Social capital investment in the construction or operation of major water conservancy projects enjoys the same policy treatment as government investment projects, with no additional conditions. Project investment and operation units shall bear the responsibilities and obligations of flood control, drought relief, water conservation and protection according to law, obey the unified dispatch of national flood control and drought relief and water resources, and ensure the function and safe operation of the project.