 "China to start 20 major water conservation projects in 2016")
China plans to build 20 new major water conservation projects in 2016 amid efforts to boost investment and stabilise growth.
The total investment in major water projects under construction should be no less than 800 billion yuan (USD 126.2 billion), according to the Ministry of Water Resources (MWR).
From January to October, 27 new water projects were started, attracting around 114.7 billion yuan in new investment, according to Wang Annan, senior engineer with the ministry.
The projects, once completed, could generate around 7.2 billion cubic meters of water supply every year, and about 320,000 kilowatts of installed power capacity, Wang said, state-run Xinhua news agency reported.
Among the 27 projects started in 2015, 21 were located in central and western China, bringing strong economic and social benefits to the less developed regions.
Around 266.62 billion yuan was used as part of the central government's investment plan on water conservation construction during the first ten months of 2015, up 67.2 per cent year on year.
The total investment in major water projects under construction should be no less than 800 billion yuan (USD 126.2 billion), according to the Ministry of Water Resources (MWR).
From January to October, 27 new water projects were started, attracting around 114.7 billion yuan in new investment, according to Wang Annan, senior engineer with the ministry.
Also Read
Among the 27 projects started in 2015, 21 were located in central and western China, bringing strong economic and social benefits to the less developed regions.
Around 266.62 billion yuan was used as part of the central government's investment plan on water conservation construction during the first ten months of 2015, up 67.2 per cent year on year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%