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China sees 2.5-fold increase in water conservancy investment in 10 years

China SCIO | March 15, 2024


A pattern of water conservancy investment and financing, driven by concerted efforts from fiscal funds, financial credit, and private capital, has basically taken shape in China. In 2023, the country secured water conservancy investments surpassing 1.22 trillion yuan (US$169.5 billion), marking a 2.5-fold increase compared to 2014, said an official of the Ministry of Water Resources Thursday.