ADB: China's water pollution "alarming"

Environment

23 October 2007


China's water pollution situation has reached "alarming" levels, the Asian Development Bank (ADB) said last Thursday, Economic Observer reported (in Chinese). The Philippines-based lender said it will donate US$500,000 to Beijing to start a policy research project on water pollution. The grant is aimed at helping the government research market-oriented solutions to deal with the the serious situation. "Despite government efforts and investment, the government has yet to arrest these problems," said Yue Fei, a social sector economist with the ADB. China's five-year-plan calls for the country to cut the discharge of pollutants, most of which come from industry, by 10% from 2005 levels.   


Bookmark and Share:



Other news from 23 October 2007


Back to News index



Related Articles




To receive the best China business news that the market has to offer,
subscribe to the China Economic Review.