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China reports record high investment in water projects in Q1

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China reports record high investment in water projects in Q1

2024-04-22 21:56 Last Updated At:04-23 01:57

⁠⁠⁠⁠⁠⁠⁠China achieved record-breaking investment in water infrastructure projects for the first quarter of the year, realizing an increase in both the number and the scale of projects compared to last year, as reported by the Ministry of Water Resources on Monday.   During the first three months, China implemented 23,500 water projects nationwide, with ongoing projects valued at approximately 4.7 trillion yuan (around 649 billion U.S. dollars). This represents a 15.8 percent increase in the number of projects and a 12.3 percent rise in their total value compared to the same period last year.   Significantly, 687 major projects -- each with an investment exceeding 100 million yuan (about 13.8 million U.S. dollars) -- commenced in the quarter, marking a substantial increase of 94.6 percent over the previous year.   The first quarter saw total investment in water infrastructure reach 778.7 billion yuan (around 107.5 billion U.S. dollars), reflecting a dramatic increase of 93.3 percent from last year. Construction spending specifically accounted for 193.3 billion yuan (around 26.7 billion U.S. dollars), up by 4.4 percent, setting a new record for the period.   The ministry has accelerated major water projects, including the completion of the Pearl River Delta water distribution project in south China and the advancement of the South-to-North Water Diversion project in the country's central region.   Since the start of the year, 13 significant water projects have been launched, including the river reach management of the Yangtze River's Tongling section in Anhui, as well as the Leping Water Conservancy Project in Jiangxi, both located in east China.

China reports record high investment in water projects in Q1

China reports record high investment in water projects in Q1

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DPP authorities' secession attempts futile, self-deceptive: spokesman

2024-05-22 01:25 Last Updated At:02:17

The Democratic Progressive Party (DPP) authorities' separatist activities are self-deceptive attempts, and they will not hinder the unstoppable trend toward China's reunification, a Chinese Foreign Ministry spokesman said on Tuesday.

Recently, Taiwan's "foreign affairs department" issued a statement protesting the mainland's condemnation over the Taiwan authorities' bribery of Guatemalan leaders and officials in exchange for political support.

Commenting on that at a regular press conference in Beijing, Foreign Ministry spokesman Wang Wenbin said, "The facts and evidence on DPP authorities' 'dollar diplomacy' with Guatemala are clear and solid. Guatemala's former president openly admitted that he had received bribery from the Taiwan authorities in exchange for maintaining so-called 'diplomatic relations' with Taiwan. Last year, Taiwan's hospital project in Guatemala was involved in a corruption case. Relevant Guatemalan officials were put into jail. This is just one example of the Taiwan authorities' 'dollar diplomacy.' No matter how angrily they protest or try to deny it, the fact that they sought political support through 'dollar diplomacy' will not change."

"Around the world, 183 countries have established diplomatic ties with China. That proves the DPP authorities' reckless pursuit of 'Taiwan independence' and secession to be futile and self-deceptive. Whatever the DPP authorities does, it will not shake the one-China principle, and will not hinder the unstoppable trend toward China's reunification. We hope that Guatemala and the very few other countries will come to recognize where the trend leads and make the right decision soon," he continued.

DPP authorities' secession attempts futile, self-deceptive: spokesman

DPP authorities' secession attempts futile, self-deceptive: spokesman

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