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China Faces Record Economic Losses from Typhoons in July, Exceeding First Half of the Year

China’s emergency management ministry said on Thursday that direct economic losses from natural disasters amounted to 41.18 billion yuan ($5.74 billion) in a single month following two typhoons that hit the country in July. bottom. It is said to exceed the total for the period from January to June. This photo was taken in Beihai, Guangxi, in July. Provided by cnsphoto (2023 Reuters)

[北京 5日 ロイター] – China’s Ministry of Emergency Management said on Thursday that direct economic losses from natural disasters amounted to 41.18 billion yuan ($5.74 billion) in a single month following two typhoons that hit the country in July. Announced. It is said to exceed the total for the period from January to June.

Losses from Typhoon Tarim, which made landfall in the south in mid-March, totaled 2.61 billion yuan, while losses from the more powerful Typhoon Toksuri reached 14.74 billion yuan at the end of the month.

Added to the damage caused by flooding in the southwest and northwest, the total loss exceeded 38.23 billion yuan in the first half of this year. It is an unforeseen drag on the country’s economic growth, which already needs stimulus.

More than 1.2 million people were forced to evacuate in northern Hebei province as of Sunday after flooding caused by Typhoon No. 5. About 66,000 people also evacuated in preparation for flooding in Tianjin, a port city bordering Beijing and Hebei province.

Authorities announced on Thursday that they would contribute 100 million yuan to help rebuild Tianjin and Hebei provinces. On the 2nd, he announced the same amount of support for the province and Beijing. The Ministry of Finance and the Ministry of Water Resources also announced on the 4th that they would each allocate 450 million yuan for reconstruction assistance.

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2023-08-05 06:49:00

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