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City of Beijing Raise Water Prices

Beijing plans to raise water prices to resolve the water shortage crisis due to the six year delay of “South-North Water Diversion” project. Water prices increased four times since 2001, from 3.01 to 5.04. The city is also considering monetary award to encourage reduced water consumption.

Source: Xinhua, May 11, 2009
http://news.xinhuanet.com/politics/2009-05/11/content_11348945.htm