A greener future for China's buildings
CHINA aims to have green buildings account for 30 percent of new construction projects by 2020, according to a document released yesterday.
The document, from the Ministry of Finance and the Ministry of Housing and Urban-Rural Development, marks the first time China has set a goal for green buildings.
The move underlines China's intention to speed up the development of energy-efficient construction following other documents published earlier this year aimed at the same goal.
The latest document says the government will increase policy incentives and improve industry standards, as well as promote technological progress and the development of related industries.
The document also specifies a goal of bringing China's building energy consumption ratio closer to that of developed countries by 2020.
Different from ordinary buildings, green buildings require construction projects to save as much energy, land, water and materials as possible throughout their life cycle to protect the environment and reduce pollution, according to an evaluation standard for green buildings released by the government in 2006.
Economic breakthrough
Analysts say the move indicates that the "green construction" sector will be an economic breakthrough in terms of spurring growth and play a large role in the country's energy-saving efforts.
It will leverage a green market with trillions of yuan, as developing green buildings will effectively drive the growth of new building materials, new energy and related service sectors, said Zhang Shaochun, deputy finance minister.
The property sector has a strong ability to boost downstream industries, Zhang said, being responsible for 50 percent of the country's steel consumption and 60 percent of cement consumption.
China's construction sector is estimated to account for more than 30 percent of total energy consumption by 2020, becoming a major energy user.
But energy consumption can be effectively lowered by building green buildings. Zhang said a study showed that an amount of energy equal to 45 million tons of standard coal could be saved by building energy-efficient buildings during the 2011-2015 period.
The document, from the Ministry of Finance and the Ministry of Housing and Urban-Rural Development, marks the first time China has set a goal for green buildings.
The move underlines China's intention to speed up the development of energy-efficient construction following other documents published earlier this year aimed at the same goal.
The latest document says the government will increase policy incentives and improve industry standards, as well as promote technological progress and the development of related industries.
The document also specifies a goal of bringing China's building energy consumption ratio closer to that of developed countries by 2020.
Different from ordinary buildings, green buildings require construction projects to save as much energy, land, water and materials as possible throughout their life cycle to protect the environment and reduce pollution, according to an evaluation standard for green buildings released by the government in 2006.
Economic breakthrough
Analysts say the move indicates that the "green construction" sector will be an economic breakthrough in terms of spurring growth and play a large role in the country's energy-saving efforts.
It will leverage a green market with trillions of yuan, as developing green buildings will effectively drive the growth of new building materials, new energy and related service sectors, said Zhang Shaochun, deputy finance minister.
The property sector has a strong ability to boost downstream industries, Zhang said, being responsible for 50 percent of the country's steel consumption and 60 percent of cement consumption.
China's construction sector is estimated to account for more than 30 percent of total energy consumption by 2020, becoming a major energy user.
But energy consumption can be effectively lowered by building green buildings. Zhang said a study showed that an amount of energy equal to 45 million tons of standard coal could be saved by building energy-efficient buildings during the 2011-2015 period.
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