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Quake relief needs 1.3-t yuan more

By Fu Jing, Si Tingting and Yu Chenkang | China Daily | Updated: 2009-03-07 07:54

Quake relief needs 1.3-t yuan more

Quake-hit Sichuan province is still facing an investment shortfall of more than 1.3 trillion yuan ($199 billion) out of a total of 1.7 trillion yuan that is needed to speed up recovery efforts by 2010, a senior provincial government official said on Friday.

That means more than 75 percent of the total post-quake recovery investment would have to come from non-governmental sources, Sichuan governor Jiang Jufeng told China Daily.

"Right now, we are facing a huge investment shortfall. So, we are designing effective mechanisms to attract more (investment)," Jiang said.

Quake relief needs 1.3-t yuan more

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