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Tuesday, 27 September 2011
China Boosts Green Investment
TIANJIN - The Chinese government will invest 2 trillion yuan ($313 billion) in the area of green economy and low-carbon development in the next five years, cutting 16 percent of per-unit GDP energy consumption compared to 2010, a senior official from China's top economic planner said on Saturday.
"During the Twelfth Five-Year Plan period (2011-15), the Chinese government will boost low-carbon development from 10 perspectives," Xie Zhenhua, vice minister of National Development and Reform Commission, said at the Second China (Binhai Tianjin) International Eco-City Forum.
Promoting circular economy projects, establishing 100 demonstration bases for resource comprehensive utilization and launching low-carbon pilot programs in five provinces and eight cities are all methods China will use, Xie said.
In recent years, the Chinese government has issued and put in place a series of policies encouraging low-carbon development.
During the Eleventh Five-Year Plan period (2006-10), energy consumption per-unit GDP had decreased by 19.1 percent. And carbon dioxide emission was cut by around 1.5 billion tons.
By the end of 2015, per-unit-GDP energy consumption of China will drop by 16 percent over 2010, and the average input-output ratio for resources is expected to jump by 15 percent, Xie stressed.
It is estimated that an additional 1.7 billion people will move into cities in developing Asia and Africa countries in the next three decades.
The success of Chinese cities, especially Tianjin, in low-carbon development and eco-city planning, will provide valuable experiences for counterparts in developing countries, according to Lasse Gustavsson, executive director, conservation of World Wildlife Fund International.
"For boosting low-carbon development, Tianjin Binhai New Area allocates 200 million yuan every year to encourage all kinds projects that improve energy saving and emission reduction," said He Lifeng, party secretary of Tianjin Binhai New Area.
"During the Twelfth Five-Year Plan period (2011-15), the Chinese government will boost low-carbon development from 10 perspectives," Xie Zhenhua, vice minister of National Development and Reform Commission, said at the Second China (Binhai Tianjin) International Eco-City Forum.
Promoting circular economy projects, establishing 100 demonstration bases for resource comprehensive utilization and launching low-carbon pilot programs in five provinces and eight cities are all methods China will use, Xie said.
In recent years, the Chinese government has issued and put in place a series of policies encouraging low-carbon development.
During the Eleventh Five-Year Plan period (2006-10), energy consumption per-unit GDP had decreased by 19.1 percent. And carbon dioxide emission was cut by around 1.5 billion tons.
By the end of 2015, per-unit-GDP energy consumption of China will drop by 16 percent over 2010, and the average input-output ratio for resources is expected to jump by 15 percent, Xie stressed.
It is estimated that an additional 1.7 billion people will move into cities in developing Asia and Africa countries in the next three decades.
The success of Chinese cities, especially Tianjin, in low-carbon development and eco-city planning, will provide valuable experiences for counterparts in developing countries, according to Lasse Gustavsson, executive director, conservation of World Wildlife Fund International.
"For boosting low-carbon development, Tianjin Binhai New Area allocates 200 million yuan every year to encourage all kinds projects that improve energy saving and emission reduction," said He Lifeng, party secretary of Tianjin Binhai New Area.
Beijing Supports DPRK to find their own path of development
BEIJING - China encouraged the Democratic People's Republic of Korea (DPRK) to follow a development path that best suits its situation and vowed to provide whatever help it was capable of, as Premier Wen Jiabao welcomed his Pyongyang counterpart on Monday at the start of a five-day visit.
Beijing hopes that a well-planned development path will help stabilize Pyongyang's economy and encourage peaceful engagement in the region, analysts said.
Wen told Choe Yong-rim, the DPRK prime minister, that Beijing wants to strengthen exchanges with Pyongyang, according to a release issued by the Foreign Ministry after their meeting at the Great Hall of the People.
"China supports the DPRK in exploring development that fits its own situation and will continue providing help within our capability," Wen said.
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Choe's visit follows an agreement by the two countries in June to establish development zones along their border.
Wen said economic cooperation should be "government-guided, enterprise-based and market-oriented", adding Beijing also wants to deepen strategic exchanges with Pyongyang and protect joint interests.
Choe thanked China for its long-term support, saying building closer ties with China is a foundation of Pyongyang's policies.
Accompanied by a number of high-ranking business officials, Choe is scheduled to meet President Hu Jintao on Tuesday.
Choe became prime minister in June 2010.
He visited Northeast China in November and toured high-tech and pharmaceutical companies.
Beijing hopes that a well-planned development path will help stabilize Pyongyang's economy and encourage peaceful engagement in the region, analysts said.
Wen told Choe Yong-rim, the DPRK prime minister, that Beijing wants to strengthen exchanges with Pyongyang, according to a release issued by the Foreign Ministry after their meeting at the Great Hall of the People.
"China supports the DPRK in exploring development that fits its own situation and will continue providing help within our capability," Wen said.
Related ArticlesToday in
Choe's visit follows an agreement by the two countries in June to establish development zones along their border.
Wen said economic cooperation should be "government-guided, enterprise-based and market-oriented", adding Beijing also wants to deepen strategic exchanges with Pyongyang and protect joint interests.
Choe thanked China for its long-term support, saying building closer ties with China is a foundation of Pyongyang's policies.
Accompanied by a number of high-ranking business officials, Choe is scheduled to meet President Hu Jintao on Tuesday.
Choe became prime minister in June 2010.
He visited Northeast China in November and toured high-tech and pharmaceutical companies.
getting back to the blog
its been awhile since i put in any posts regarding the topics but i will do so soon. i have been travelling.
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