REPORT / INTERNATIONAL NEWS

China has recently allocated 23 billion yuan for energy-saving, anti-pollution, ecological, and environment protection projects. According to Han Yongwen, Secretary General of China’s National Development and Reform Commission, investment in these sectors accounted for 10% of the total government’s expenditure on infrastructure, ecological and environmental sectors, quake relief, and other areas. ‘This ratio of 10% is not low. It shows that the central government not only focuses on stimulating domestic demand and economic growth, but also stresses on laying a good foundation for the economy’s sustainable development in the long run,’ Han said. Out of the 23 billion yuan, 13 billion will be spent on improving the urban water treatment facilities, 4 billion on pollution prevention projects, 3.5 billion on forest planting projects, and the remaining 2.5 billion on key energy-saving projects across the country.