We introduce coarse-grained hydrodynamic equations of motion for diffusion-annihilation system with a power-law long-range interaction. By taking into account fluctuations of the conserved order parameter - charge density - we derive an analytically solvable approximation for the nonconserved order parameter - total particle density. Asymptotic solutions are obtained for the case of random Gaussian initial conditions and for system dimensionality $d geq 2$. Large-t, intermediate-t and small-t asymptotics were calculated and compared with existing scaling theories, exact results and simulation data.