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Friday, 07/28/2017 4:31:12 PM

Friday, July 28, 2017 4:31:12 PM

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"According to the United Nations, despite having a population of 1.35 billion – 21 percent of the world's population – China only has 7 percent of the world's freshwater supplies - could offer opportunities for companies like OriginClear

One large contributing factor is China's rapid economic growth, fueled by heavy water consumption for production processes. Furthermore, considering 60 percent of the country's underground water is polluted, the country's pollution problems also contribute to the freshwater supply shortage. Capital expenditure on industrial water and wastewater treatment in China is set to increase by nearly 25 percent over the next five years, reaching $6.8 billion in 2020." (company PR)
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