Deepening the reform of water conservancy investment and financing is crucial to ensuring the fund demand for the construction of the national water network. Based on the practical exploration of Guangdong and Guangxi

this paper systematically sorts out the achievements they have made in expanding financing channels such as local government special bonds

financial credit

and social capital through measures like strengthening top-level design

innovating financing models

and optimizing platform construction. However

at present

there are still challenges including the mismatch between the traditional investment mechanism and the fund demand for water network construction

the unsmooth path of water resource asset value transformation

the insufficient function of water conservancy market entities

and the lagging supporting reforms such as water rights and water prices. Accordingly

policy suggestions are put forward

including continuously strengthening project reserves

improving the diversified investment and financing mechanism

enhancing the market-oriented operation capacity of water conservancy enterprises

and deepening key supporting reforms such as water price and water rights reforms

so as to provide a reference for the fund security path to accelerate the construction of the water network.