Latest News:  
Beijing   Cloudy/Sunny    24 / 14 ℃  City Forecast

English>>China Business

Energy conservation: A New Investment Opportunity Part II

By Lan Xinzhen (Beijing Review)

08:20, September 12, 2012

NEW ENERGY: A worker inspects equipment at a coal-based energy zero-emission technology system lab affiliated to ENN Group in Langfang, Hebei Province. Established in 1989, the group offers total solutions for clean energy (YANG SHIYAO)

A 2.4-trillion-yuan market

Laiyang's industrial surplus heat reutilization project is only one part of China's energy conservation and emission reduction program. In the 12th Five-Year Plan on Energy Saving and Emission Reduction, the Chinese Government has proposed 10 key projects, including energy-saving transformation of boilers, electric engineering systems, buildings, transportation and green illumination, construction of urban domestic sewage works, prevention and treatment of water pollution in key river basins, desulfurization and denitrification transformation of emissions from power, iron and steel, building materials and auto industries, and prevention and treatment of pollution from livestock breeding, as well as projects that support circular economy development.

The plan says the government will promote the use of high-efficiency and energy-saving home appliances, automobiles, electromotors and illumination products via subsidy grants. During the 12th Five-Year Plan period, 300 million tons of coal equivalent of energy will be saved, while emissions of 4.2 million tons of chemical oxygen demand, 2.77 million tons of sulfur dioxide, 400,000 million tons of ammoniacal nitrogen and 3.58 million tons of nitrogen oxides will be reduced.

According to an estimate by the NDRC, during the five years, the investment in energy conservation and emission reduction projects will total 2.4 trillion yuan ($378.55 billion), of which the investment in key energy conservation projects is 1 trillion yuan ($157.73 billion), that in key pollution and emission reduction projects is 800 billion yuan ($126.18 billion) and that in key circular economy projects is 600 billion yuan ($94.64 billion).

【1】 【2】 【3】 【4】 【5】 【6】

News we recommend:
Golden Week boosts travel firms Inflation rebounds to 2% in August Vehicle sales increase, but dealers still see profits drop
Energy conservation: A New Investment Opportunity NDRC raises fuel prices Experts say 8% growth possible
Grape expectations from Argentina  Secrets of the Chinese travelers Answering the E-Waste Question


Leave your comment0 comments

  1. Name


Selections for you

  1. Fighters conduct live-fire attack training

  2. North Korea in festive mood for National Day

  3. Experts say 8% growth possible

  4. The Peacock and Peacock princess Yang Liping

  5. Gao Xiaosong on America

  6. How to Photograph Fall Colors

Most Popular


  1. Commentary: EU needs to think big, like APEC
  2. Green economy should not be used as political card
  3. Hongkongers remain confused over identity
  4. 9/11 attack spurred mistaken wartime strategy
  5. Japan lost at sea among shifting priorities
  6. Regaining Diaoyu needs long-term efforts
  7. Expert: China needs more elite servicemen

What's happening in China

Bombing victims to sue in Chinese court

  1. Pricey Teachers' Day gifts create anxiety
  2. Rescuers track down missing hikers
  3. Social security for 54% of expats
  4. Predicted rain could hamper rescuers
  5. HK retains 'most expensive' ranking

China Features

  1. Miss World Eco-tourism 2012 crowned in Nanjing
  2. 'Voyager of the Seas' sets sail from Tianjin
  3. Which special tour is right for you?
  4. Cooperation promote sustainable economic growth
  5. Exclusive:A probe into GM rice test

PD Online Data

  1. Ministry of Water Resources
  2. Ministry of Railways
  3. People's Bank of China
  4. Ministry of Health
  5. Ministry of Culture