China plans to invest hundreds of billions of yuan over the next five years to reinforce the country's small and medium-sized dilapidated reservoirs to prevent large flood-triggered geological disasters.
Speaking at a press conference on river and reservoir management in Beijing on October 12, Du Ying, Deputy Director of the National Development and Reform Commission, China's top economic planning body, said, "Considering our country's comprehensive economic strength, such substantial investments in projects to harness rivers, reinforce dilapidated reservoirs and to prevent and control disasters can be guaranteed."
Du said most of the investment in these projects would come from the Central Government and local governments, while some funds would also be raised from the public. |