Presenter : 张剑楠 Jiannan Zhang
中国水科院 水环境研究所
China institute of Water Resources and Hydropower Research
Co-Author :翟梦瑜 Mengyu Zhai
北京工业大学 循环经济研究院
Beijing University of Technology
Organisation: China Institute of Water Resources and Hydropower Research
The Three Gorges Project will help reduce long-term GDP losses related to floods by approximately 50 %: in the long run, the flood control capacity of the Three Gorges Project can protect [129. 99, 304. 78] [471. 48, 1706. 15], [1022. 57, 2380. 39] billion yuan of GDP from being damaged by floods each year.
The Three Gorges Project will help the construction and service industries seize the opportunity of post-disaster reconstruction and achieve further development.
At the same time, effective flood control is more effective than aggressive post-disaster fiscal stimulus in reducing long-term GDP losses caused by floods, as "prevention" is far more important than "compensation".