All parts of China have actively pushed forward the construction of water conservancy infrastructure since the beginning of this year, which has played a positive role in stabilizing economic growth and employment, official data showed on Saturday.
From January to June, an investment of 569 billion yuan (about 78.3 billion U.S. dollars) was made in water conservancy projects nationwide, a year-on-year increase of 9.9 percent. The relevant projects received paid-up investment of over a trillion yuan (about 237.6 billion U.S. dollars) during the six-month period, a year-on-year increase of 29.2 percent, according to the data released by the Ministry of Water Resources.
The construction of the water conservancy projects has so far led to the employment of 1.2305 million rural laborers, a year-on-year increase of 19.18 percent.
In the first half of the year, 34 major water conservancy projects saw their construction started, including the Guxian Hydropower Project on the Yellow River section in Shaanxi Province in the northwest, the Jingling Reservoir on the Cao'e River in Zhejiang Province in the east, and the Xiaoqing River project in Hebei Province in the north.
"From January to June this year, 38,000 new water conservancy projects began construction nationwide, a year-on-year increase of 23 percent. This includes more than 7,800 projects funded by proceeds from an additional issuance of treasury bonds, and all of them have commenced construction," said Xie Yibin, inspector with the planning department of the Ministry of Water Resources, in an interview with China Central Television.
China advances construction of water conservancy infrastructure
China advances construction of water conservancy infrastructure
