According to a representative from China's National Development and Reform Commission, China has arranged CNY23 billion for energy conservation, emission control, and environmental protection since the fourth quarter of last year, which accounts for about 10% of the total investment.
Starting the fourth quarter of 2008, China's central finance body has arranged two batches of investment, totaling CNY230 billion, for livelihood, ecological construction and post-earthquake reconstruction. Of these investments, CNY23 billion is said to be targeted for energy saving and environment protection, including CNY13 billion for waste water facilities and waste water pipe construction, CNY4 billion for pollution control on major rivers such as Huaihe River, Songhuajiang, and Danjiangkou, CNY3.5 billion for forest resource protection, and CNY2.5 billion for ten major energy saving projects and recycled economy.
The investment is evidence that when stimulating domestic demand and promoting economic development, the central government has attached great importance to environment and energy.
