南都讯记者张小玲近日，水利部公布2025年幸福河湖建设名单，深圳市、东莞市联合申报的石马河(观 澜河)名列其中，计划于2026年底前围绕河湖系统治理、管护能力提升、助力流域区域发展等方面完成 幸福河湖建设。 值得一提的是，今年是东深供水工程正式通水60周年，石马河(观澜河)作为东深供水工程的故道，是供 港的"功勋河"，为香港的繁荣稳定作出历史性贡献。为解决香港供水问题，党中央决策兴建东深供水工 程，于1965年通过6座拦河闸坝和8级抽水站，将石马河(观澜河)水倒流，输送至香港，60年来累计对港 供水超300亿立方米，满足了香港约80%的用水需求。2003年6月，东深供水工程第四次改扩建完工后， 石马河(观澜河)恢复为天然河道。 据了解，作为"国家队选手"，石马河(观澜河)幸福河湖建设以干流为主脉，建设长度为70公里，其中深 圳市观澜河长度为22公里、东莞市石马河长度为48公里，从防洪调度、水生态廊道建设、水环境治理、 水资源再生利用、智慧管护能力提升、水经济发展等方面进行建设。同时，结合流域内现有特色资源节 点，依托饮水思源文化的积淀，打造"一脉十源.多点荟萃"总体布局，形成思源文化传习源区、生态水 岸休闲源 ...

Core Viewpoint - The Ministry of Water Resources has announced the implementation of the 2025 Happy Rivers and Lakes Construction Project, with Heilongjiang Province's Mohe City and Baoqing County successfully selected for national-level projects, receiving a central government subsidy of 160 million yuan, marking a historic breakthrough for the province [1][2]. Group 1: Project Details - Mohe City's Laocao River, located in the northernmost part of China, is a secondary tributary of the Heilong River, with a length of 126 km and a watershed area of 1,707 km². The project includes six major engineering initiatives aimed at ecological restoration and the development of ecological products [1]. - Baoqing County's Baoshi River, located in the easternmost part of China, is a secondary tributary of the Ussuri River, with a length of 71 km and a watershed area of 892 km². The project focuses on various construction initiatives to create a comprehensive layout for the Baoshi River [2]. Group 2: Strategic Goals - The Happy Rivers and Lakes Construction in Heilongjiang Province is guided by the "Action Plan for Happy Rivers and Lakes Construction (2023-2025)", aiming for flood safety, quality water resources, livable water environments, healthy water ecosystems, advanced water culture, green water economy, and smart water management [2]. - The initiative emphasizes the development of river, lake, and reservoir types that are water source conservation-oriented, nature-ecological, livable urban, and beautiful rural, successfully establishing 182 unique Happy Rivers and Lakes that showcase the ecological beauty of northern China throughout the seasons [2].

Group 1 - The core viewpoint of the news is the implementation of the 2025 No. 1 General River and Lake Chief Order in Shaanxi, which emphasizes the comprehensive management of water resources, ecology, and environment [1][2][3] - The initiative aims to deepen the river and lake chief system, enhance joint law enforcement in water-related fields, and improve the management and protection of rivers and lakes at the village level [1][2] - A focus on integrated supervision of rivers and lakes is highlighted, including actions to address issues such as obstructive vegetation and illegal construction along riverbanks [1][2] Group 2 - The plan includes strict enforcement of water resource constraints, promoting water conservation policies, and ensuring water resource allocation aligns with population and industrial layouts [1][2] - Environmental governance efforts will be strengthened, including the management of small hydropower plants, urban sewage treatment, and pollution prevention in industrial zones [2] - The initiative also emphasizes the management of riverbed sand extraction, with a commitment to regulate and monitor the entire process of sand mining [2]

Core Insights - The Ministry of Water Resources announced the 2025 Happiness River and Lake Construction List, with four rivers from Fujian Province receiving central government funding of approximately 80 million yuan each [1] Group 1: Project Details - Luoyang River, the second largest river in Quanzhou, has a watershed area of 556 square kilometers and is set to develop a unique tourism route integrating water culture, folklore, historical figures, and bridge architecture [1] - Jiupeng Creek, a first-level tributary of Xinqiao Creek, has a watershed area of 664 square kilometers and a river length of 73 kilometers, with an excellent ecological endowment and a forest coverage rate of 80.3% [2] - Houtong Creek, one of the "Eight Major Water Systems" in Fujian, has a watershed area of 2,244 square kilometers and is the second largest river in Ningde City, featuring rich natural resources and unique geological landscapes [2] - Wenshui Creek, a first-level tributary of the Jiulong River, has a watershed area of 389 square kilometers and a river length of 60 kilometers, supporting local tea and tourism industries [3][4] Group 2: Economic and Cultural Impact - The development of Luoyang River aims to transform "green water and lush mountains" into "golden mountains and silver mountains," enhancing local economic growth through tourism [1] - Jiupeng Creek's ecological tourism integrates health and cultural education, contributing to the local economy [2] - Wenshui Creek supports a unique economic belt focused on ecological tourism and tea cultivation, connecting various cultural and natural heritage sites [4]

Macro Dynamics - The Ministry of Finance allocated 47.1 billion yuan for water conservancy development in 2025, focusing on ensuring water safety, enhancing people's well-being, and promoting county economic development [2] - The People's Bank of China will conduct a 600 billion yuan MLF operation on April 25, 2025, to maintain liquidity in the banking system, with a net injection of 500 billion yuan [3] - The Ministry of Commerce responded to the U.S. claims of tariff reduction, emphasizing that unilateral tariffs harm international trade order and should be removed through dialogue [4] Financial Institutions - China Ping An plans to issue domestic bond financing tools, with a total amount not exceeding 50 billion yuan, subject to shareholder approval on May 13 [5][6] Market Data - On April 24, A-shares showed mixed performance with the Shanghai Composite Index up 0.03% and the Shenzhen Component down 0.58%, amid a total trading volume of 1.11 trillion yuan [8] - The financing balance of the two exchanges increased by 2.75 billion yuan and 17.71 billion yuan respectively, totaling 1.7945 trillion yuan [9] - The Hang Seng Index fell by 0.74%, with notable declines in major tech stocks [10] Company Dynamics - Hong Kong Exchanges and Clearing announced a strategic investment of 6.3 billion HKD in the purchase of a commercial building for its headquarters [11][12] - Heng Rui Pharmaceutical reported a 36.9% year-on-year increase in net profit for Q1 2025, driven by a licensing payment of 75 million USD [13] - Mu Yuan Co. turned a profit in Q1 2025 with a net profit of 4.491 billion yuan, compared to a loss in the same period last year, attributed to increased pig prices and sales [14] - Tesla's sales in Europe dropped by 45% in Q1 2025, amidst a broader decline in traditional fuel vehicle registrations [15] - Coca-Cola Japan announced price increases for its products starting October 1, 2025, due to rising costs [16] - The first three-valent HPV vaccine application has been accepted for review, aimed at preventing related infections and cervical cancer [18]