China
        

From Chinese media

China's water resource investment to hit 2t yuan

Updated: 2011-01-24 13:50

By Gao Yuan (chinadaily.com.cn)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

China plans to invest about 2 trillion yuan ($303.8 billion) to build water resource facilities during the next five years, People's Daily reported Monday, citing an official from the country's top water resource planner.

Related readings:
China's water resource investment to hit 2t yuan China to invest 4t yuan in water resources
China's water resource investment to hit 2t yuan Dry up city's water shortage by using less

The nation will focus on water resource projects in vulnerable spots and those that help improve people's livelihoods, said Zhou Xuewen, head of the department of planning and programming at the Ministry of Water Resources.

Of the 2-trillion-yuan investment, the central government plans to invest roughly 1 trillion yuan, Zhou added.

The nation paid about 700 billion yuan on building water resource facilities during the 11th-Five-Year Plan (2006-2010). The amount was about double what was spent during the 10th-Five-Year Plan (2001-2005), the newspaper reported.

The projects helped solve drinking-water safety problems for 210 million rural residents across the country, the newspaper said.

Meanwhile, during the past five years, the nation's effective irrigation areas witnessed a net increase of about 50 million mu (3.3 million hectares), the report said.

E-paper

Ear We Go

China and the world set to embrace the merciful, peaceful year of rabbit

Preview of the coming issue
Carrefour finds the going tough in China
Maid to Order

European Edition

Specials

Mysteries written in blood

Historical records and Caucasian features of locals suggest link with Roman Empire.

Winning Charm

Coastal Yantai banks on little things that matter to grow

New rules to hit property market

The State Council launched a new round of measures to rein in property prices.

Top 10 of 2010
China Daily in Europe
The Confucius connection