China's water conservancy investment up in January-November

This aerial photo taken on Dec. 4, 2023 shows ships passing the ship lock of the Dateng Gorge Water Conservancy project in Guiping City, south China's Guangxi Zhuang Autonomous Region.(Xinhua/Zhou Hua)

BEIJING, Dec. 12 (Xinhua) -- China's investment in water conservancy facilities rose 8.5 percent year on year to 1.09 trillion yuan (about 153.14 billion U.S. dollars) in the first 11 months of 2023, official data showed on Tuesday.

The figure exceeded the total amount recorded in the whole of 2022, according to data from the Ministry of Water Resources.

Water conservancy projects have played a key role in stabilizing employment, creating a total of 2.57 million jobs nationwide during the period, up 9.1 percent year on year.

Higher investment in water conservancy projects has played an important role in ensuring water supply safety and food security, and it also boosted domestic demand and promoted economic recovery, the ministry said. ■