News Checker

Read News, Share news, Tell the truth.

Monday, October 09, 2006

China Pays Attention to Environmental Issue

With the rapid economical development, environment protection becomes a urgent issue and China gets a lot of criticism for it.

The Good news is that China government is awaking up to address the big problem. According to the State Development and Reform Commission (SDRC), China will spend 1.5% of its GDP on the environmental projects, which translates the total investment of 1.4 trillion yuan (US$175 billion) during 2006-2010.


At a cost of 180 billion yuan, sewage treatment facilities with a combined daily capacity of 40 million tons will be built in 10 river valleys to dispose of waste water discharged by cities, said He. And a total of 200 billion yuan will be used to treat industrial waste water, according to the official.

Part of the funds will be used to reduce the amount of sulphur dioxide and dust in 113 major Chinese cities.

China will also set up 31 provincial-level dangerous waste disposing centers to treat domestic garbage.

According to the plan, the investment will also serve to build facilities to guarantee nuclear safety and prevent nuclear radiation, He said.

Official estimates show that the annual output value of China's environmental protection industry will top 880 billion yuan by the end of 2010, with an annual growth rate of 15 percent.

Labels: , ,


Post a Comment

Links to this post:

Create a Link

<< Home