China, with the confrontation of water-related problems as an element of its long history, has been investing heavily in water engineering projects over the past few decades based on the assumption that these projects can solve its water problems. However, the anticipated benefits did not really occur, or at least not as large as expected. Instead, the results involved additional frustrations, such as biodiversity losses and human-induced disasters (i.e., landslides and earthquakes). Given its inherent shortcomings, the present engineering-dominated strategy for the management of water resources cannot help solve China's water problems and achieve its goal of low-carbon transformation. Therefore, the present strategy for water resources exploitation needs to be reevaluated and redressed. A policy change to achieve better management of Chinese rivers is urgently needed.