Fund For Environment Protection
CHINA’S Sansha City has decided to allocate 5 million yuan (US$748,000) annually for next three years for maritime environmental conservation.
A first round of special environmental funding worth 1 million yuan was earmarked for exploration of the newly confirmed world’s deepest underwater sinkhole, or blue hole, in the Xisha Islands in the South China Sea. The blue hole in Yongle, a major coral reef, is 300.89 meters deep. It is known as Longdong, or “Dragon Hole.”
The funds will be used to support scientific research and development of new methods and equipment in environmental protection, said Shi Guoning, an official of the land resources and environmental protection bureau of Sansha City.
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