Related News
Funds set aside to develop new industries
By Wang Yanlin |
March 9, 2010, Tuesday
|
Online Edition
Online Edition
CHINA will allocate more funds to develop strategic emerging industries, said senior officials at the sidelines of the annual session of the nation's top legislature and advisory body.
Zhang Shaochun, China's deputy finance minister, said that China plans to spend a total of 70.9 billion yuan (US$10.3 billion) on projects for environmental protection and energy conservation this year, an increase of 33 billion yuan since last year.
Of that, 50 billion yuan will be spent on research and execution of energy conservation and reduction of carbon emissions. Another 10.9 billion yuan will be channeled to develop renewable energy.
For other strategic industries like information technology, Zhang said the Ministry of Finance is collaborating with other related ministries in planning, according to Shanghai Securities News.
Zhang Xiaoqiang, deputy director of China's National Development and Reform Commission, said the country's top planning agency will release a draft document outlining development of strategic industries in September.
"To speed up the developing pace of strategic industries is an important part of accelerating China's economic revamp," Zhang said. He added the commission has assessed the potential of industries including new materials, new energy, environmental protection, carbon emission reduction, biomedicine, telecommunications, green vehicles, civil aviation and marine engineering.
Zhang Shaochun, China's deputy finance minister, said that China plans to spend a total of 70.9 billion yuan (US$10.3 billion) on projects for environmental protection and energy conservation this year, an increase of 33 billion yuan since last year.
Of that, 50 billion yuan will be spent on research and execution of energy conservation and reduction of carbon emissions. Another 10.9 billion yuan will be channeled to develop renewable energy.
For other strategic industries like information technology, Zhang said the Ministry of Finance is collaborating with other related ministries in planning, according to Shanghai Securities News.
Zhang Xiaoqiang, deputy director of China's National Development and Reform Commission, said the country's top planning agency will release a draft document outlining development of strategic industries in September.
"To speed up the developing pace of strategic industries is an important part of accelerating China's economic revamp," Zhang said. He added the commission has assessed the potential of industries including new materials, new energy, environmental protection, carbon emission reduction, biomedicine, telecommunications, green vehicles, civil aviation and marine engineering.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
