China to double environmental spending
- From: Vol 11, Issue 1 (January 2010)
- Category: General
- Region: Asia
- Country: China
- Related Companies: Bank of China and Ministry of Environmental Protection
China’s next five-year plan is likely to call for more than $450 billion in investment to protect the environment. Wastewater treatment companies will be hoping to reap the benefits.
China’s investment in environmental protection – which includes wastewater treatment and pollution control – has reached more than $224 billion during the current 11th five-year plan (2006-2010). With a year to go in the current cycle, the original budget of $219 billion is likely to blow out even further.
Details of the 12th five-year plan (2011–2015) will not be fully ...
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