China built the world's largest and most comprehensive conservancy infrastructure network that benefits the largest population during the 14th Five-Year Plan period (2021-2025), according to data released by the Ministry of Water Resources on Wednesday.
The data showed that 88 rivers had been restored by the end of September this year, following the launch of the "mother river rejuvenation" action plan in 2022, with 79 of those rivers fully reconnected to the nation’s river network.
In the Haihe River Basin, 30 previously dried-up rivers have started flowing again and 102 springs have been restored, reversing a long-standing trend of dry channels and polluted waters, according to the ministry.
Between 2021 to 2025, China invested more than one trillion yuan (about 140 billion U.S. dollars) in water conservancy projects for three consecutive years, breaking historical records. The investment funded a new generation of water source, diversion, and irrigation projects, boosting the nation's total water supply capacity to 900 billion cubic meters.
The first phase of China's South-to-North Water Diversion Project's eastern and middle routes, the backbone and main artery of the country's major water network, delivered more than 83 billion cubic meters in total, benefiting about 195 million people. The water network coverage rate is expected to reach 80.3 percent by the end of 2025.
"Since the start of the 14th Five-Year Plan, [we] have been focusing on high-quality development and ensuring China's water security so as to comprehensively advance water conservancy infrastructure construction, which has helped form the world's largest and most functional water conservancy infrastructure system that benefits the largest population," said Zhang Xiangwei, director of the Department of Planning and Programming at the Ministry of Water Resources.
From 2021 to 2025, China has built 95,000 water reservoirs with a total capacity exceeding one trillion cubic meters. The country now ranks first globally in the number and types of reservoirs and the number of high dams.
Also, during the 14th Five-Year Plan, irrigated arable land has expanded to 1.09 billion mu (about 72.7 million hectares) across China, providing crucial water resources to support a record grain output of more than 700 million tonnes in 2024.
In addition, China has established the world's largest centralized rural water supply system, with 96 percent of the rural population expected to have access to tap water by the end of 2025.
China’s water infrastructures advance rapidly during 14th Five-Year Plan period
Multinational companies are deepening roots in China, striving to become partners in co-creation and innovation with Chinese industry amid new development opportunities.
At the just concluded 7th Qingdao Multinationals Summit, over 300 global executives gathered to discuss closer cooperation and future plans in line with China's 15th Five-Year Plan (2026-2030), with the key theme of "co-creation" resonating throughout the event.
"We are not simply bringing in technologies for application in China. In today's environment, we need to innovate together with local partners, ensuring innovations stay in China, while also seeking ways to internationalize," said Geng Ming, president of Alstom China.
Early approaches saw China as a sales market, but that view is evolving quickly, noted Cao Yang, global vice-president of Baker Hughes and president of Baker Hughes China.
"When we first talked about development in Shandong Province, or China, we saw it as an end market. However, we realized that the manufacturing capabilities of Chinese partners are rising rapidly. Both sides must take Chinese-made products and technologies abroad together," said Cao.
Companies highlighted how research and development in China now powers their global portfolios.
"When we first came, we saw immense potential in the Chinese market. Over time, we have seen the industrial ecosystem mature. Products developed in China are now exported to Southeast Asia and other markets. We are very optimistic about China and consider it a global innovation hub," said Yang Lan, senior director of public affairs of Herbalife China.
The evolving role of multinationals in China is synchronized with local growth, moving from "entering China" to "rooting in China" and now "co-creating" with China. Firms said the 15th Five-Year Plan will be their action guide for future investment and innovation.
"I think the 15th Five-Year Plan is quite important. China has to keep modernizing the old economy and in the same time making the best out of new sectors, be it healthcare, be it artificial intelligence, be it electric mobility and you name it," said Denis Depoux, global managing director at Germany's strategy consulting firm Roland Berger.
"We went from participating in China's rail transit development to becoming a part of its growth and progress," said Geng.
"The 15th Five-Year Plan provides very clear policy and industry support for development and innovation in biomedicine. Standing on this foundation, Revvity has a clear position in China, and we aim to become a partner in Chinese innovation," said Liu Jiang, vice president and general manager of Greater China at Revvity.
The three-day Qingdao Multinationals Summit, which drew 357 multinational companies from 44 countries and regions, concluded Wednesday in east China's Shandong Province.
Global firms root deeper in China's innovation drive
