Tata AIG General Insurance Company - Insurer Innovation Award 2024
China's Initiatives of Recovery from the 2008 Wenchuan Earthquake
1. China’s Initiatives of Recovery from the 2008 Wenchuan Earthquake Wei Xu , Peijun Shi, Lianyou Liu, Jifu Liu Beijing Normal University June 2, 2010
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3. [Date] 14:28, May 12, 2008 [Epicenter] Yingxiu Town, Wenchuan County [Scale] 8.0 on Richter Scale [Death Toll] 69,226 people [Missing] 17,923 people [Direct Economic Loss] 845.1 billion RMB yuan 1. Overview of the Wenchuan Earthquake Baihua Bridge, Yingxiu town Beichuan County Seat
9. 2.3 Funding Source Special fund from central government 300 billion RMB yuan Special fund from local government Capital from one-to-one aid provinces 77.6 billion RMB yuan Social donated capital (Enterprises, NPOs, NOGs…) Interest free loan Poverty alleviation and reduction fund Restoration and reconstruction fund 981.4 billion RMB yuan self-possessed self-collected
10. Notes: Until Sep. 30, 2009; 1) Unit: 10 8 RMB; 2) Unit: 10 4 suites; 3) Unit: 10 4 households 3.1 Projects and Investment 3. Recovery progress 23.02 33.79 0.95 6 31.75 200 146.77 630 Eco-environment 46.46 509.74 8.87 2042 65.10 14986 1097.17 23019 Public services 41.46 855.11 15.54 815 64.01 3356 2062.72 5243 Infra- structure 14.46 29.21 5.11 35 66.28 454 202.07 685 Disaster Prev.& Miti. 51.77 388.82 48.78 541 63.48 704 751.04 1109 Rural construction 31.72 293.36 24.25 290 57.19 684 924.80 1196 Urban construction 97.17 1543.30 98.58 448.33 3) 99.89 454.31 3) 1588.19 454.79 3) Rural housing 39.67 494.77 70.10 129.43 2) 92.39 170.59 2) 1247.16 184.64 2) Urban housing 53.83 5283.22 41.34 17849 70.10 30269 9813.96 43180 In total Ratio to planned (%) Complete investment 1) Ratio to planned (%) Complete projects Ratio to planned (%) Launched projects Investment 1) No. of Projects Launched or complete projects/investments Planned Type
11. 3.2 Complete percentage of projects and investment 3. Recovery progress (As of Sept. 30, 2009) Average of complete projects: 41.34%
13. Counterpart assistance arrangements: Individual provinces supported on significantly affected counties on a one-to-one basis committing 1% of local financial revenue in the preceding year for goods and operations every year for three years. E1:Nationwide Support: Counterpart Assistance Tianjin Ningqiang & Lueyang, Shannxi 20 Fujian Pengzhou, Sichuan 10 Shenzhen Wenxian, Kangxian, Chengxian & Wudu, Gansu 19 Henan Jiangyou, Sichuan 9 Heilongjiang Jiange, Sichuan 18 Liaoning Anxian, Sichuan 8 Chongqing Chongzhou, Sichuan 17 Hebei Pingwu, Sichuan 7 Hubei Hanyuan, Sichuan 16 Shanghai Dujiangyan, Sichuan 6 Jiangxi Xiaojin, Sichuan 15 Beijing Shenfang, Sichuan 5 Anhui Songpan, Sichuan 14 Jiangsu Mianzhu, Sichuan 4 Jilin Heishui, Sichuan 13 Zhejiang Qingchuan, Sichuan 3 Hunan Lixian, Sichuan 12 Guandong Wenchuan, Sichuan 2 Shanxi Maoxian, Sichuan 11 Shandong Beichuan, Sichuan 1 Supporting area Supported area ID Supporting area Supported area ID
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15. County 1 County 2 County n China Province 1 Province 2 Province n … Affected area … County A County B County Z Affected area … Town 1 Town 2 Town n … County 2
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23. L2: Lack of medium-term livelihood reconstruction and long-term development planning (GDP 2005 =100) 2010, 2011, 2012…