HomeBusinessChina pure disasters price $3.3 billion in first quarter, authorities says By...

China pure disasters price $3.3 billion in first quarter, authorities says By Reuters


BEIJING (Reuters) – Floods, droughts, an earthquake and freezing situations in China brought on direct financial losses of 23.76 billion yuan ($3.28 billion) within the first quarter, the federal government stated on Saturday.

The emergency administration ministry cited harm from a number of chilly spells, a 7.1 magnitude earthquake within the northwestern area of Xinjiang, landslides in Yunnan province within the southwest and flooding on the Yellow (OTC:) River.

The disasters killed 79 folks whereas 110,000 wanted emergency relocation and resettlement and 10.4 million folks throughout 26 areas and provinces have been affected within the interval, the ministry stated in a report.

Different pure disasters included a drought within the southwest affecting 424,000 hectares (10,500 acres) of crops, sandstorms within the northwest and forest fires within the southwest and south.

Final yr pure disasters in China brought on 345.45 billion yuan ($47.7 billion) of direct financial losses, with 691 folks useless or lacking, the ministry reported in January.

In January the ministry stated it plans a three-year marketing campaign to deal with issues hampering response instances throughout disasters and accidents, together with manufacturing security lapses in sectors like mining.

($1 = 7.2371 renminbi)





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