China’s Environmental Expenditures for next 5 years

The Central government is planning to spend 1.3 trillion yuan on pollution control measures for the next 5 year plan (2006-2010. (SCMP 2/19/2006.) The announcement was made by Mao Rubai, director of the Environment and Resources Committee of the NPC. The statement was the first time this information has been made public. That comes out to 260 billion yuan per year, about 1.6 percent of GDP. It compares with 1.4 percent of GDP spending on pollution control measures in 2004.

The magnitude of the SEPA budget is designed to make-up for inadequate spending in the last 5-year plan and continued environmental deterioration.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s