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China’s five ministries issued a notice implementing a comprehensive water‑conservation plan, imposing dual controls on total water use and water‑use intensity with scientific target‑setting and basin-, provincial-, city- and county‑level total‑use control indicators. The plan mandates differential intensity controls, a formal water‑budget system, and strengthened review and permitting for plans and construction projects involving water development and withdrawals. It tightens in‑project and post‑approval supervision, introduces credit evaluations for water extraction, and requires water‑saving facilities to be designed, built and commissioned alongside main projects. Authorities will step up restrictions in water‑stressed regions including Beijing‑Tianjin‑Hebei and the Yellow River basin and strictly curb blind approval of high‑water‑consumption projects.

麥當勞(MCD.N)第三季度營收71.6億美元，市場預期72.9億美元。