China initiated water desalination plan for Twelfth Five year scheme

The Ministry of Science and Technology and National Development and Reform Commission jointly published the water desalination plan in Twelfth Five Year scheme. A obligatory target  that “75 percent of important equipment should be made in China” was set forth.

Up to the end of the year 2010, global investment of water desalination reached 34 billion yuan. And the figure was estimated in the plan to be 70 to 95 billion by the year 2015.

China is expected to reach the daily goal to desalinate 2200,000 to 2600,000 tons of sea water, at 3 to 4 times the current desalination capability. Production of related equipment is expected to reach the value of 7.5 billion to 10 billion yuan annually.

According to local media, 10,000 tons of desalination needs investment of 60 million yuan, which means that 13.2 billion to 15.6 billion yuan will be invested daily.

The plan also stated that with 5 years’ development, China will form a desalination innovation system, fostering more than 10 international competitive companies producing core equipment in the fields.

Some listed companies may benefit from the policy whose goal is to have 75 per cent of the important equipment be home made”. Those companies may be South Huitong, Beijing OriginWater Technology, Zhejiang Hailiang and Jiangsu Asia-Pacific Light Alloy Technology.

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