Newsletter
Weather
Community
English home Forum Photo Gallery Features Newsletter Archive   About US Help Site Map
China
World
Opinion
Business
Sci-Edu
Culture/Life
Sports
Photos
 Services
- Newsletter
- Online Community
- China Biz Info
- News Archive
- Feedback
- Voices of Readers
- Weather Forecast
 RSS Feeds
- China 
- Business 
- World 
- Sci-Edu 
- Culture/Life 
- Sports 
- Photos 
- Most Popular 
- FM Briefings 
 Search
 About China
- China at a glance
- China in brief 2004
- Chinese history
- Constitution
- Laws & regulations
- CPC & state organs
- Ethnic minorities
- Selected Works of Deng Xiaoping




Home >> Business
UPDATED: 16:31, June 21, 2007
China's energy-efficiency drive to create lucrative building market, official
font size    

China's construction material industries have a potential market of 1.5 trillion yuan (197.3 billion U.S. dollars) in the next ten years as the government implements its policy to build an energy-efficient society, a government official has said.

"Energy-saving and environment-friendly green buildings will develop into a big industry as the government has pledged that half of China's urban buildings will be energy-efficient by 2010," said Vice Minister of Construction Qiu Baoxing at a forum on green buildings that concluded on Wednesday.

Currently, energy-efficient buildings account for less than one percent of the total in China.

Experts say the industry will drive rapid development of sectors such as heat insulation, gardening, and solar heating materials, and energy-saving doors, windows, lamps, home appliances and the transformation of existing buildings.

Qiu said recyclable materials would also be much more used.

"The Ministry of Construction will soon formulate a series of preferential policies in taxation and bank loans with the finance and taxation ministries to promote the construction of green buildings."

Meanwhile, the ministry would encourage private and foreign investment in the installation of energy-saving technologies and materials in existing buildings, he said.

Source: Xinhua


Comments on the story Comment on the story Recommend to friends Tell a friend Print friendly Version Print friendly format Save to disk Save this



"Olympic Games in My Heart" English Contest

   Recommendation
- Text Version
- RSS Feeds
- China Forum
- Newsletter
- People's Comment
- Most Popular
 Related News
Manufacturers, Exporters, Wholesalers - Global trade starts here.

Dic

Versions:
Copyright by People's Daily Online, all rights reserved