Foreign firms seek water solutions
By Xie Yu in Shanghai | China Daily | Updated: 2012-07-09 08:08
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China is undergoing the greatest urbanization the world has ever seen. The new middle classes consume more water than previous generations. The country, which has a shortage of water, will need to find ways to conserve the essential resource. Wu Huang / For China Daily |
Foreign companies are buying into the Chinese water treatment market, after the country vowed to invest 430 billion yuan ($63 billion) in the sector during the 12th Five-Year Plan period (2011-15).
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