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Home>>China Business  Huge investment in 'green' projects
(China Daily)  13:44, May 22, 2012  China will invest more than
2 trillion yuan ($316 billion) in promoting energy-saving and
low-carbon projects during the 12th Five-Year Plan period
(2011-15), Xie Zhenhua, vice-minister of the National
Development and Reform Commission, said.  The country has set a
goal of reducing its energy intensity by 16 percent and carbon
intensity by 17 percent during the same period.  The government
will allocate targets of energy-saving and carbon-reduction to
regions and key industries after considering regional
disparities in resources, development level and industrial
structure.  An evaluation and surveillance system will be built
and efforts in promoting energy-conservation and emission-
reduction will be adopted as a crucial tool for assessing local
government performance, said Xie.  Meanwhile, the country will
step up efforts in eliminating outdated c