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This study assesses the temporal behaviour in terms of inter-decadal variability of extreme daily rainfall of stated return period relevant for hydrologic risk analysis using a novel regional parametric approach. The assessment is carried out based on annual maximum daily rainfall series of 180 meteorological stations of Yangtze River Basin over a 50-year period (1961–2010). The outcomes of the analysis reveal that while there were effects present indicating higher quantile values when estimated from data of the 1990s, it is found not to be noteworthy to exclude the data of any decade from the extreme rainfall estimation process for hydrologic risk analysis.