The rebuilding effort will take $147 billion and at least three years:
“BEIJING - China’s government estimates it will cost $147 billion to rebuild from the massive earthquake that struck the central part of the country in May, according to state media.
The National Development and Reform Commission’s draft rebuilding plan published this week includes new homes for more than 3 million rural households, as well as the creation of jobs for about 1 million people, the China Daily newspaper reported Wednesday.”