Date
20 October 2017

China eyes ladder pricing system for water use, paper says

China aims to implement a ladder pricing mechanism for residential water use in all cities by 2015, the China Securities Journal reported Tuesday, citing Zhou Wangjun, deputy director of the pricing department under the National Development and Reform Commission. For non-residential users, such as industries with high water consumption, the government will charge a higher price for consumption exceeding a certain quota. It will also publish water supply costs to boost pricing transparency, and subsidize water supply for low-income groups, the report said.

– Contact HKEJ at [email protected]

KZ/AC/CG

 

 

 

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