Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Investment

China sees rapid investment growth in water conservancy infrastructure

August 11, 2022


Abstract : China has seen growing investment in water conservancy infrastructure in the first seven months of this year as the country steps up efforts to bolster economic growth.

BEIJING, Aug. 10 (Xinhua) -- China has seen growing investment in water conservancy infrastructure in the first seven months of this year as the country steps up efforts to bolster economic growth.

From January to July, completed investments in water conservancy projects totaled 567.5 billion yuan (about 83.9 billion U.S. dollars), up 71.4 percent over the same period in 2021, the Ministry of Water Resources said Wednesday.

Twenty-five new large-scale water conservancy projects were initiated during the January to July period this year, with project construction creating some 1.61 million jobs across the country.

By the end of July, local governments had invested 46.6 billion yuan in rural water supply projects, more than double that of the same period last year.

A total of 67,000 water supply repair and maintenance projects were undertaken during the period, serving 130 million rural people.

Water conservancy infrastructure could help absorb large investments and create intensive jobs in the short term. It could also safeguard food security, facilitate green development, and relieve natural disasters in the long run.

China is expected to complete investments of more than 800 billion yuan in water conservancy construction in 2022.

Scan the QR code and push it to your mobile phone

Keyword: investment water conservancy infrastructure

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial