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China's State Environmental Protection Administration (SEPA) director
Xie Zhenhua said Wednesday, December 13, that the annual growth
rate of environmental industries will be about 15 percent for the
coming five years.
The production value of those industries will exceed 140 billion
yuan (US$16.9 billion) in 2005, accounting for 1.4 percent of the
yearly gross domestic product (GDP).
When elaborating on China's future target for environmental protection
at the China-Germany Environmental Cooperation Conference 2000,
which ends Wednesday, Xie said that in 2010 the environmental industrial
production value is estimated to exceed 250 billion yuan, taking
up two percent of the GDP.
The economic growth, population increase and urban development
will stimulate various industries related to environmental protection,
Xie said.
Meanwhile, China's entry into the World Trade Organization (WTO),
the westward economic development and the country's huge plans to
build infrastructure will provide further opportunities for the
environmental industries, he said.
(People's Daily 12/14/2000)
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