8 bln USD fund to boost investment in environmental sectors

112 views · Published 5 December 2014 · 0:29 · Indexed 4 November 2026

Channel: Hi China · 2014 · News & Politics

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China plans to launch an 8-billion-dollar environmental protection fund to help reduce pollution. The China Securities Journal reports Wednesday that the fund will receive investments from China’s top economic planner and the finance ministry. The fund will beef up investment in environmental sectors through low or no-interest loans. The drive to reduce pollution has boosted share values in water treatment companies in recent months. The Journal says official guidance for the fund will be published in December.

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