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
Economy

China invests more in water conservancy projects in past decade

September 13, 2022


Abstract : China's investment in water conservancy projects during the past 10 years was five times as much as that in the previous decade, a water management official said Tuesday.

BEIJING, Sept. 13 (Xinhua) -- China's investment in water conservancy projects during the past 10 years was five times as much as that in the previous decade, a water management official said Tuesday.

Completed investment in water conservancy projects reached 6.66 trillion yuan (about 966 billion U.S. dollars) in the past decade, said Zhang Xiangwei, an official with the Ministry of Water Resources.

The investment supported a batch of key flood prevention projects in major river basins and the water management work in small and medium-sized rivers, facilitated risk elimination and reinforcement of reservoirs, and funded 54 cross-basin and cross-region water diversion projects.

China has ramped up the construction of water conservancy infrastructure in 2022 amid efforts to stabilize the economy, Zhang said.

So far this year, construction of some 19,000 new water conservancy projects has kicked off nationwide, hitting a record high.

Completed investment in water conservancy projects also reached a new high in the first eight months, surging 63.9 percent year on year to 703.6 billion yuan.

Construction of water conservancy projects has created huge job opportunities, especially for rural residents, Zhang added, noting that 1.91 million jobs were created in the first eight months, including 1.53 million for rural residents.

Scan the QR code and push it to your mobile phone

Keyword: China-Water Conservancy

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