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China plans panda park that will dwarf Yellowstone

AFP  |  Shanghai 

will create a bastion for giant three times the size of to link up and encourage breeding among existing wild populations of the notoriously slow-reproducing animal, reported today.

At least 10 billion yuan ($1.6 billion) has been secured over the next five years for construction of the National Park in mountainous for the nation's favourite creature, Daily reported.

Plans for the park -- which would cover 27,134 square kilometres (10,476 square miles) -- were first put forward early last year by the ruling and the State Council, China's cabinet, the paper said.

Yellowstone, established in 1872 as the first US national park, spans 8,983 square kilometres.

The Chinese park plans are aimed at enabling wild that are currently isolated in several different areas of Sichuan, and provinces to mingle and hopefully breed.

Giant have a notoriously low reproductive rate, a key factor -- along with habitat loss -- in their status as "vulnerable" on the International Union for Conservation of Nature's (IUCN) Red List of threatened species.

More than 80 per cent of the world's wild pandas live in Sichuan, with the rest in and

The funding was secured via an agreement signed Tuesday by the of China and the provincial Department of Forestry, the paper said.

The is to secure the financing by 2023, to go toward poverty alleviation among people living in the remote area and necessary infrastructure and other construction for the park.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 13:20 IST