China’s investment in water conservancy projects has reached an impressive 801.94 billion yuan (approximately $114.23 billion) in the first eight months of 2024, marking a 10.7 percent increase compared to the same period last year, a government official announced on Wednesday.
At a press conference on water conservancy infrastructure construction held in Beijing, Vice Minister of Water Resources Wang Bao’en highlighted the significant role these projects have played in boosting employment across the country. “Construction of water conservancy projects on a massive scale has contributed to employment,” Wang said. “In the first eight months, these projects created nearly 2.1 million jobs, up 6.9 percent year on year.”
Wang noted that several provinces have seen substantial investments in this sector. Hebei, Guangdong, Zhejiang, Shandong, and Anhui each reported investments exceeding 40 billion yuan. These investments are not only enhancing the nation’s water infrastructure but are also stimulating local economies and providing job opportunities.
Government data shows a surge in project implementation nationwide. Since the beginning of the year, a total of 42,000 water conservancy projects have been initiated, an increase of 14.1 percent year on year. Among these, 28,000 are newly started projects, reflecting an 18.7 percent rise.
Looking ahead, Wang emphasized the Ministry of Water Resources’ commitment to continuing the momentum. “In the next step, we will make solid efforts to promote water conservancy infrastructure construction after the main flood season,” he stated.
The ongoing investments and projects are seen as crucial steps toward enhancing China’s water security, promoting sustainable development, and supporting rural revitalization efforts. As the nation faces increasing challenges from climate change and rapid urbanization, strengthening water management and infrastructure remains a top priority.
Reference(s):
China's water conservancy projects create 2.1 million jobs in 2024
cgtn.com
