China Daily Global Edition (USA)

Green moves gain fresh impetus

- By ZHENG XIN and ZOU SHUO Contact the writers at zhengxin@ chinadaily.com.cn

China is expecting the output of its environmen­tal protection equipment manufactur­ing industry to reach 1 trillion yuan ($150 billion) by 2020, as the country presses ahead with its green developmen­t plans.

The goal has been set in the guidelines for the developmen­t of the environmen­tal protection equipment manufactur­ing industry released by the Ministry of Industry and Informatio­n Technology on Tuesday.

China will foster 10 leading enterprise­s of around 10 billion yuan each as well as more than 1,000 small and mediumsize­d enterprise­s in the sector by 2020. Key areas include equipment used for the prevention and treatment of air pollution, water pollution and solid waste, soil pollution and restoratio­n, environmen­tal monitoring and noise control, it said.

The total output of the sector reached 620 billion yuan last year, more than double the amount in 2011.

Describing the industry as an important technical foundation for environmen­tal protection, the guidelines highlighte­d fiscal and financial support for the sector, including tax breaks as well as providing other financing instrument­s like green bonds and green credit.

The government will also strengthen the building of industry standards and attract more talent to boost the developmen­t of the sector.

Building a “Beautiful China” was listed by Xi Jinping, general secretary of the Central Committee of the Communist Party of China, as one of the goals to be realized by 2035.

The CPC will strive for the basic realizatio­n of socialist modernizat­ion by 2035, and the modernizat­ion that the country pursues is one characteri­zed by harmonious coexistenc­e between man and nature, he said.

“In addition to creating more material and cultural wealth to meet people’s everincrea­sing needs for a better life, we need also to provide more quality ecological goods to meet people’s ever-growing demand for a beautiful environmen­t,” Xi said.

Experts said China will meet and even exceed the 1 trillion yuan goal by 2020 as the industry has immense potential.

Zhou Dadi, a senior researcher at the China Energy Research Society, said that there are still huge untapped areas for growth in the environmen­tal protection sector.

“More solid waste is expected as China continues its urbanizati­on process, which calls for technologi­cal breakthrou­ghs in waste disposal,” said Zhou.

“The country also needs to address the pollution of its big rivers and coastal regions and ensure that everyone has access to safe drinking water.”

 ?? CHE XIAODONG / FOR CHINA DAILY ?? Workers at the production line of a plant that makes environmen­tally friendly metallurgi­cal equipment in Xuanhua, Hebei province.
CHE XIAODONG / FOR CHINA DAILY Workers at the production line of a plant that makes environmen­tally friendly metallurgi­cal equipment in Xuanhua, Hebei province.

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