Core Viewpoint - The Ministry of Finance, in collaboration with relevant departments, has drafted guidelines to standardize the construction and operation of existing government and social capital cooperation (PPP) projects, aiming to enhance the quality and efficiency of public service supply and promote stable economic development [2][3]. Summary by Sections Background of the Guidelines - The guidelines are a response to the need for effective management of existing PPP projects as the economic structure shifts from expansion to optimization of existing resources [2]. - The central government emphasizes the importance of establishing a long-term mechanism for government investment to effectively drive social investment [2]. Key Requirements for Smooth Operation of Existing PPP Projects - Local governments are required to take responsibility and implement targeted measures to support the stable operation of PPP projects [4]. - The guidelines outline four principles: systematic promotion, classified policies, cost reduction and efficiency enhancement, and strengthening guarantees [4][5]. Support for Existing Projects in Operation - Approximately 70% of existing PPP projects are in operation, and their performance directly impacts the quality of public services [6]. - Key requirements include adherence to contracts, timely performance-based payments, and ensuring that social capital providers meet quality standards [6][7]. Requirements for Projects Under Construction - For ongoing projects, the guidelines stress prioritizing projects based on local needs and financial conditions, accelerating construction progress, and ensuring financing needs are met [8][9]. Resource Utilization and Policy Tools - The guidelines advocate for comprehensive use of various resources and policy tools, including strict budget management and the use of local government bonds for financing [9][10]. Implementation and Coordination - The successful implementation of the guidelines requires collaboration among local governments, industry regulators, financial institutions, and project implementation agencies [11][12].

Core Viewpoint - The article highlights the significant irrigation efforts across China to combat drought conditions and ensure summer grain production, with a focus on the role of large and medium-sized irrigation districts in providing water support [1] Irrigation Efforts - Over 5,320 large and medium-sized irrigation districts have irrigated nearly 300 million acres this year, contributing to a total irrigation supply of 46.3 billion cubic meters [1] - The cumulative irrigated area reached nearly 400 million acres, with large irrigation districts playing a crucial role in drought resistance [1] Drought Conditions - Severe drought has affected major winter wheat-producing regions, including Henan, Shaanxi, and Shanxi, where 386 irrigation districts have irrigated 27.13 million acres with over 3 billion cubic meters of water [1] - The Yellow River and Yangtze River reservoirs have released a total of 6.6 billion cubic meters and 38 billion cubic meters of water downstream, respectively, to support irrigation and urban water needs [1] Water Management Strategy - The Ministry of Water Resources emphasizes a dual approach to flood and drought management, with proactive measures in place to monitor drought developments and prepare for flood control [1] - The focus is on strengthening water source scheduling and management to effectively support agricultural production during the critical "Three Summer" period [1]