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360 bln yuan invested into post-quake resconstruction
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11:30, May 08, 2009

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· 8.0 Richter scale earthquake hits SW China
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China invested more than 360 billion yuan (about 52.7 billion U.S.dollars) into post-earthquake reconstruction by the end of April, covering one-third of the planned investment, a government official said in Beijing Friday.

According to Mu Hong, vice director of China's National Development and Reform Commission, most of the rebuilding basic housing and infrastructure has begun with considerable results.

Reconstruction for major infrastructure in quake-hit regions, including railroads, highways and airports, has been completed and returned to service, he said.

Up to 95.7 percent of the reconstruction for rural houses had started, 76.6 percent of which had been finished, according to Mu.

Additionally, 48.9 percent of urban houses have been reinforced,and reconstruction of 40.1 percent of the destroyed houses had been started, 8.9 percent of which have been finished.

China's government planned to complete the reconstruction work in two years, one year shorter than previously expected.

Source:Xinhua



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