Started implementation in the end of 1998, the national bond project of soil and water conservation in Shanxi province has been invested 88 million RMB from the central government in past two years and with local counterpart fund of 61.39 million RMB. The completed comprehensive harness area is 1 035 km2, among which there is basic farmland of 8 826.67 hm2 with increased grain production of 28 000 tons and agricultural output value of 42 million RMB. The forest and grass coverage ratio is increased by 21% and sediment reduced 3 105 thousand tons each year. The land use structure is partially adjusted and the farmers labor productivity heightened apparently through implementation of water diversion project. The concrete ways and experiences of the project implementation are introduced in the paper.%山西水土保持国债项目自1998年底开始实施，两年来国家安排投资8800万元，地方配套6139万元，完成综合治理措施面积1035km2，其中新增基本农田8826.67hm2，增产粮食2.8万t，增加农业产值4200万元。项目区林草覆盖率增加21个百分点，年减少泥沙310.5万t。引水工程的实施，使土地利用结构部分得到调整，农民劳动生产率明显提高。介绍了项目实施的具体做法和经验。
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