According to an article by Adam Roseman, China’s water conservation investments are projected to reach $615 billion.
The country’s Minister of Water Resources Chen Lei explained that the amount spent between 2001-2005 was $55.97 billion, and over the past five years; $107.9 billion. Chen added that the expanding investment reveals the government’s dedication to transforming the nation’s current water infrastructure.
Chen explained that the investment is aimed at strengthening the nation in the face of droughts and floods, which have been affecting various regions throughout the country. Projects will include boosting 15,900 small reservoirs over the next two years, as well as another 2,721 larger reservoirs by 2015.