Putting Efficiency First – 10 Billion Yuan Earmarked For Energy Efficiency, Discharge Reduction

In the first year of the 11th Five-Year Plan China failed to meet the target of cutting its unit gross domestic product (GDP) energy consumption by 4 per cent. China plans to cut its unit GDP energy consumption by 20 per cent by the end of 2010 to improve energy efficiency. Clearly, this target is a challenge for the Chinese government.

Substantive measures have been taken by the government to solve the energy consumption issue. Another 10 billion yuan has been set aside this year to improve energy efficiency and cut pollutant discharges.

The money is to be used to continue eliminating outdated production methods in industry and to help upgrade production technologies and the management of high energy-consuming and polluting industries.