China to Boost Spending on Water Conservation Projects in 2014
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China’s central government will boost spending on projects to conserve water this year as the world’s most-populous nation grapples with ways to ensure adequate supply of the vital resource, an official said.
Water conservation investments totaled 439.7 billion yuan ($73 billion) in 2013, with 140.8 billion yuan coming from the central government and the remainder from local governments, water resources minister Chen Lei said, according to a transcript of a Jan. 4 speech posted on the ministry’s website.