China’s NDRC: Private Investment in Water Network Up 85.8% in H1

The doubling of private capital in water infrastructure signals that China's push to open traditionally state-dominated utility projects to non-state investors is gaining traction, not just in water but in green power direct-connection approvals as well. That matters for infrastructure-linked financing and for any tokenized or yield-seeking RWA exposure to Chinese utility assets, though the figures cover only one half-year and one policy channel. Whether the participation rate holds as project pipelines mature, and whether similar openness extends to other utility categories, is the open question.