Innovating the investment and financing system and mechanism of irrigation and water conservancy capital construction

Speeding up the capital construction of irrigation and water conservancy is an important guarantee and support for the realization of agricultural modernization. After years of construction, various departments in various localities have implemented the decision-making and deployment of the central water conservancy infrastructure, and the ability of disaster prevention and reduction and comprehensive production capacity have been greatly improved. 50% of China's farmland has become a farmland with high and stable yields for drought and waterlogging. However, the lagging development of irrigation and water conservancy infrastructure in China is still the biggest injury. General Secretary Xi Jinping repeatedly proposed to greatly develop irrigation and water conservancy and was determined to make up for the debts. In his important instructions on the capital construction work of irrigation and water conservancy, Premier Li Keqiang stressed the need to deepen reform, constantly innovate the investment and financing system and mechanism, attract and drive more social funds, and mobilize the enthusiasm of farmers. We will promote the construction of major projects, speed up the improvement of the network of water conservancy infrastructure, strengthen management and reform the operating mechanism, and ensure the long-term benefit of farmers. Innovating the investment and financing system and mechanism is of great significance and role in strengthening the capital construction of irrigation and water conservancy. The author puts forward some suggestions on innovating the diversified investment and financing system and mechanism of irrigation and water conservancy capital construction.

First, adhere to the leading role of the government and give full play to the main role of government input. It is necessary to increase government investment, especially in the investment and construction of major water conservancy projects, and the state should bear the main responsibility for investment in major water conservancy projects that the private sector is unable to invest. during the 13th five-year Plan period, it is necessary to work out plans and further increase investment. Local governments should also increase their investment responsibility and do a good job in the planning of water conservancy construction in the region. The second is to broaden the financing channels for government departments and state-owned enterprises. For example, Yunnan Province has set aside 5.12 billion yuan in water conservancy special funds from land transfer funds, and 12 billion yuan has been invested by provincial tobacco departments. Use PPP to invest in 10 projects, with a total investment of 34 billion yuan. Therefore, it is necessary to improve the system and methods of drawing special funds for water conservancy from land transfer funds and increase the functional support of various departments. The third is to increase financial support. It is necessary to take a variety of measures, including financial discounts and concessions, to encourage financial institutions to increase investment in irrigation and water conservancy infrastructure. The fourth is to replace compensation with awards and use a variety of preferential policies to attract social capital. Governments at all levels should adopt awards instead of subsidies, financial discount, government purchase of services, risk compensation, PPP and so on to attract social capital investment. Fifth, the participation of farmers' cooperative organizations. Participate in water conservancy construction through the establishment of water use associations and water management organizations. The sixth is to deepen reform. Deepening reform is the key to eliminate institutional obstacles and manage water conservancy well. It is necessary to issue opinions on water price reform, improve the water price mechanism, subsidize water use standards, and clarify the property right system and income system of social capital investment, so as to create conditions for expanding social capital investment.