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China to invest in energy saving industries to tackle pollution

2013-08-14 14:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: China is to fast-track expansion and investment in energy saving technologies in an attempt to tackle its worsening pollution problems. China's cabinet, the State Council announced plans on Sunday to make the energy saving sector a "pillar" of the economy by 2015. In a statement the council said that under the new plan the environmental protection sector will grow by 15% on average annually, reaching an output of 4.5 trillion yuan (474 billion). China's massive economic growth has come at...

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VIDEO: How India and China invest in Africa

2013-08-06 05:51:58| BBC News | Business | UK Edition

How India and China often avoid direct competition in Africa, by focusing on differing aspects of countries' economies.

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China to invest $375 billion on energy conservation, pollution: paper

2013-07-31 03:23:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China plans to invest 2.3 trillion yuan ($375 billion) in energy saving and emission-reduction projects in the five years through 2015 to clean up its environment, the China Daily newspaper reported on Wednesday, citing a senior government official. The plan, which has been approved by the State Council, is on top of a 1.85 trillion yuan investment in the renewable energy sector, underscoring the government's concerns about addressing a key source of social discontent. China has set a target of...

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China to invest $277 billion to curb air pollution: state media

2013-07-25 04:16:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: China plans to invest 1.7 trillion yuan ($277 billion) to combat air pollution over the next five years, state media said on Thursday, underscoring the new government's concerns about addressing a key source of social discontent. The money is to be spent primarily in regions that have heavy air pollution and high levels of PM 2.5, the state-run China Daily newspaper quoted Wang Jinnan, vice-president of the Chinese Academy for Environmental Planning as saying. Wang helped draft the plan. Tiny...

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