China 2024-09-15T04:27:57+03:00
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China's water conservancy investment up in Q1

China's water conservancy investment up in Q1

investment, China, PRC, Xinhua, Water conservancy project, International economics
The Dateng Gorge Water Conservancy project in Guiping City, south China's Guangxi Zhuang Autonomous Region. Photo by Xinhua/Zhou Hua.
The Dateng Gorge Water Conservancy project in Guiping City, south China's Guangxi Zhuang Autonomous Region. Photo by Xinhua/Zhou Hua.

China's investment in water conservancy facilities rose 4.4 percent year-on-year to 193.3 billion yuan (about 27.2 billion U.S. dollars) in the first quarter of this year, official data showed.

This was reported by The Xinhua News Agency.

The figure was higher than the previous records of the period, Vice Minister of Water Resources Chen Min told.

"China began 9,683 new water conservancy projects in the first quarter, up 33.8 percent year-on-year",  said Chen.

"In the first quarter, water conservancy projects created about 730,000 jobs nationwide, up 3.8 percent year-on-year", – according to the ministry.

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