As much as 507 million yuan ($81 million) will be spent on repairing water projects that were damaged by recent floods, the Ministry of Finance announced on June 3.
The funds will be used to fix dams, locks, barrages, weirs and pumping stations damaged by heavy downpours in some regions in the south.
Flooding has threatened or damaged 61 small reservoirs in nine provincial divisions this year including Guangdong, Hunan, Jiangxi, Fujian and Guangxi, with combined losses estimated at 3.58 billion yuan ($572 million), according to the State Flood Control and Drought Relief Headquarters.
As of June 3, some 9.93 million people in those regions had been affected by the flooding, with 64 people confirmed dead and another six still missing. |