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China Environment Protection Industry & Listed Companies Report, 2007-2008
Research In China, April 2008, Pages: 50
The National Eleventh Five-Year Plan for Environmental Protection (2006-2010) specifies for the first time in a five-year plan that China will create a group of powerful companies and conglomerates with their own brands, core technology, high market shares and more job opportunities, aiming at making environment protection industry a new pillar industry of national economy in the five years.
During the period of the 11th Five Year Plan (2006-2010), China's total investment in environment protection will reach CNY1.4 trillion, two times the figure posted in 2001-2005, accounting for 1.5% of GDP in the period. Among the total, investment in urban environment infrastructure will be about CNY660 billion, investment in treatment of industrial pollution CNY210 billion, investment in new environment protection projects CNY350 billion and investment in ecological environment protection CNY115 billion.
In recent years, the total investment in environment protection has increased continuously and the policy on energy-saving and emission reduction has provided a huge market demand for China's environment protection industry. The newly amended Energy Conservation Law not only offers great policy support to environment protection industry, but also provides some preferential treatment in financial policies, including credit policy, which enables environment protection industry enjoy unique advantages. During the period 2006-2010, China's environment protection industry is expected to have an average annual growth rate of 15%-17% and its total annual revenue will reach CNY880 billion to one trillion in 2010.
This title is also available in the following language
China Environment Protection Industry & Listed Companies Report, 2007-2008 (Chinese Version)
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