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China injects "green power" into economy

In the wake of the outbreak of the financial crisis, UN Secretary-General Ban Ki-moon repeatedly warned that the crisis might dent global efforts to fight climate change and environmental degradation.

However, Ban should feel relieved when he learns that China has invested heavily in environmentally-friendly sectors to achieve sustainable development by boosting green economy despite the crisis which has gravely strained liquidity.

Last week, China's State Council passed a draft regulation on environmental evaluation over new projects to prevent pollution or ecological destruction from the beginning.

Under the draft, which is widely viewed as part of the key legal effort toward a green economy, environmental evaluations are a must before any development projects get the official approval.

With this draft passed, China's leadership makes it clear that China is determined to take the opportunity presented by the crisis to upgrade its economic growth model and achieve more healthy and sustained development.

In fact, a green strategy is being materialized in China.

In China's 4 trillion yuan stimulus package, 580 billion yuan would go to green projects like energy-efficient and pollution-control programs, ecological approach and technological innovations to fight climate change.

Through years of green endeavors, China has surpassed some advanced nations in such areas as wind and solar power.

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 Source : Xinhua  Editor: Ivy
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