1 trillion yuan bill for decade of green projects

PUBLISHED : Monday, 07 September, 2009, 12:00am
UPDATED : Monday, 07 September, 2009, 12:00am

China has spent nearly 1 trillion yuan (HK$1.14 trillion) on conservation and environmental protection over the past decade, a senior official told an international seminar on ecological compensation yesterday in the northwest.

Xinhua quoted Du Ying, vice-minister of the National Development and Reform Commission, as saying more than 700 billion yuan of that investment had gone to projects to reforest cultivated land, restore grazing land, protect forests and conserve river sources on the Qinghai-Tibet plateau and for the South-to-North Water Diversion Programme.

A further 200 billion yuan was used for pollution control in major river valleys and urban sewage treatment projects, Du said at the seminar in Shizuishan, in the Ningxia Hui Autonomous Region .

The seminar was sponsored by the development and reform commission, the Ministry of Environmental Protection, the Asian Development Bank and the Ningxia government, Xinhua reported.

It attracted nearly 100 participants from more than a dozen countries and regions, including the United States, Germany and Australia.