Monday, October 3, 2011

China to invest one trillion yuan in environmentally friendly projects

BEIJING (Reuters)


  Senior Chinese official said in remarks published on Sunday that China would invest two trillion yuan (about 313 billion dollars) to promote projects of economic and environmentally friendly with low carbon emissions in the next five years.

The newspaper quoted Chaana Daily Xie Zhenhua, deputy minister with the National Development and Reform Commission as saying that the government will start several projects with low carbon emissions in the current five-year plan that began this year.


Xie said at a forum Waco - City of the Second International Chinese city of Tianjin, east of Beijing, said the economic plan, including environmental set up 100 base to display the ways of exploiting resources and launch a low-carbon pilot programs in five provinces and eight cities.


The Chinese leaders repeatedly express their commitment to reducing China's energy consumption and developing environmentally-friendly technologies.


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