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Title: Policy Push for Hydroelectric Construction Spurs New Wave, LESSO Leads the Way in Plastic Pipes with Promising Potential

China, 28th Mar 2025 - Recently, the National Bureau of Statistics of China released the latest economic performance data, and hydroelectric investment is showing impressive results.According to the data, in the first three quarters of this year, China’s GDP grew by 4.8%, and infrastructure investment (excluding power, heat, gas, and water production and supply industries) increased by 4.3% compared to last year. Among them, investment in water management reached 37.9%, far surpassing investment in air transport (19.2%) and railway transport (14.5%).Entering the fourth quarter, the “steady growth” policy rolled out a series of measures, providing strong support for maintaining the high growth in hydroelectric investment.On October 8, the National Development and Reform Commission (NDRC) of China clarified that the central budget investment of 7 trillion yuan has been fully allocated, and efforts are now underway to accelerate project construction and fund distribution. On November 8, during the 12th session of the Standing Committee of the 14th National People's Congress, it was announced that China would increase local government debt resources by 10 trillion yuan.Industry experts note that debt relief has eased local fiscal pressure, creating more room for infrastructure investment. With water conservancy projects funded by the 2023 special bond issuance reaching peak construction and strong policy support for underground pipeline upgrades, demand for infrastructure materials like pipelines is set to rise. Leading companies like LESSO, with their advanced product offerings, extensive industry reach, and efficient market services, are well-positioned to seize the opportunity and take the lead in this period of rapid industry growth. China’s Water Infrastructu...

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