Source:Chinadaily.com.cn
Miyun Reservoir, a crucial water source for
Beijing, has seen elevated water levels in the past few years thanks to the
South-to-North Water Diversion Project. CHEN ZHENHAI/FOR CHINA DAILY
The Ministry of Water Resources is eyeing new
infrastructure projects to offset the economic impact of the novel coronavirus
outbreak and boost sustainable growth.
Shi Chunxian, chief of the ministry's project planning
department, said at a news conference on Thursday the country is planning to
invest over 1 trillion yuan ($140.5 billion) in more than 100 new major water
conservancy projects in the next three years.
Major water conservancy projects feature long industry
chains and broad coverage, which could attract large sums of investment and
thus create more job opportunities, he said.
Citing research by the Academy of Macroeconomic Research
under the National Development and Reform Commission, Shi noted an investment
of 100 billion yuan in major water conservancy projects can drive GDP growth by
0.15 percentage points and create 490,000 new jobs.
Most of these projects have been through years of study,
and their construction could be sped up if necessary, he said.
Wang Shengwan, chief of hydraulic engineering construction
with the ministry, said the ministry has been making efforts to push forward
the resumption of existing infrastructure project construction.
So far, construction of 101, or 92 percent, of the 110
water projects had resumed, including Datengxia hydropower project in Guangxi
Zhuang autonomous region. Those still awaiting a restart are in northeastern
and northwestern China -- the country's cold regions, he added.