Three market-oriented ways to energy saving
Updated: 2011-06-30 17:23
By Hao Yan (chinadaily.com.cn)
China is going to reveal an energy-saving and environment protection plan very soon. It will apply three market-oriented approaches to ensure products meet the energy-saving requirements, 21st Century Business Herald reported Thursday.
The energy-saving service sector will be developed on a fast lane during the 12th Five Year Plan (2011-2015) period and focus on transportation and construction building sectors, Xie Ji, vice-director of resource conservation and environmental protection department under National Development and Reform Commission, told the newspaper.
In five years, the domestic energy-saving service sector will create a market of 300 billion to 500 billion yuan ($46 billion to $77 billion) with more than 1,000 companies, Xie said.
Xie added the country has decomposed its target of a 16 percent cut in energy consumption per unit GDP, and has allocated to provincial administrative regions.