| Shandong Province, East China, plans to invest 360
billion yuan (US$43.3 billion) in the next six years, boasting to build the
largest environmental-protection industry in the country.
According to a source with the provincial environmental protection bureau on
June 25, the money, part al
located by local government with the rest from
enterprises and society, will be mainly used for ecosystem construction and
pollutant disposal.
Environmental protection constitutes a new and developing business in
Shandong, with the relative investment making up less than five percent of its
gross domestic product (GDP), which had reached to 1,200 billion yuan (US$144.5
billion) last year.
Meanwhile, numerous environment-related key projects, at state level, are
located in Shandong province, including the South-North Water Diversion Project,
as well as harnessing projects in the Huaihe River reaches and Bohai rim area.
A forum on ecosystem construction and an international expo on "green
industry" development are expected to be held by the local government from Sept.
16 to 18 in Qingdao,a noted port city and a tourist attraction in the province.
(SD News)
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