The project, funded by the EXIM Bank of China on a concessional loan, is being constructed by China National Machinery Import and Export Corporation (CMC) in consultation with the Sri Lankan Ministry of Transport and Civil Aviation and the Central Engineering Consultancy Bureau.
The pricing mechanism for water resources should be reformed to make it reflect more the supply and demand, scarcity of water resources and water supplying costs, he added.
The project was supported by Wu Hongtao, the local village Party secretary, who is helping locals profit from the discovery.
The president pointed out that healthy and stable relations between China and India are in line with the fundamental interests of their peoples.
The project is expected to add 4 billion kilowatt-hours of power every year in Uganda and bring in about 0 million in revenue for the government.
The prize is awarded by the Royal Swedish Academy of Sciences and is funded by the Sjoberg Foundation with a donation of 2 billion Swedish krona (about 8 million).
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The project is of great significance for improving clean energy delivery ability, supporting the Green Olympics, implementing the Beijing-Tianjin-Hebei coordinated development strategy and driving independent R&D and innovative manufacturing of key technical equipment, said Liu Baohua, deputy director of the National Energy Administration.
The program saw a total of 5,007 trade tickets, with an average daily turnover at 21.7 billion yuan last month, the report showed.
The project in Zhanjiang is set to contribute to the industrial transformation in Guangdong, the company said in a statement.
The premier said China and the ROK have continued their stable development of ties with the steady promotion of exchanges at the local level and other areas. Bilateral trade and investment has increased rapidly, with huge potential yet to be tapped, Li said. China is willing to work with the ROK for the long-term healthy development of relations, he said.