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China's State Council has announced plans to make green industries central to the economy by 2015

China is to fast-track expansion and investment in energy saving technologies in an attempt to tackle its worsening pollution problems. China's cabinet, the State Council, recently announced plans to make the energy saving sector a "pillar" of the economy by 2015. In a statement the council said that under the new plan the environmental protection sector will grow by 15% on average annually, reaching an output of 4.5 trillion yuan (£474 billion/$438 billion USD). China's massive economic growth has come at a major cost to its environment and even its environmental ministry has described the country's environmental situation as "grim".

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Publication Date: Thu, 15 Aug 2013 08:58:00 EST
Source: Environmental News Network
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