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The drought, triggered by continuous low precipitation and abnormal atmospheric circulation, has also affected 651,080 hectares of crops and caused around 2.3 billion yuan in economic losses throughout the province, it added.

The nation aims to invest 1.8 trillion yuan in water conservation projects during the 12th Five-Year Plan (2011-2015), with the central government contributing 800 billion yuan and local governments raising one trillion yuan.

BEIJING, Feb. 27 (Xinhua) -- Vice Premier Li Keqiang met with World Bank President Robert Zoellick in Beijing on Monday, vowing joint efforts to facilitate reforms on global economic governance and bridging the North-South gap. 

BEIJING, March 24 (Xinhua) -- Chinese consumers are up in arms over "Italian" luxury goods that were recently revealed to have been manufactured in China.

In 2011, mineral resources took up over 30 percent of China's foreign trade -- a dependance that puts the country at increasing economic and political risk, it is thought.