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Environmental Protection Becoming Huge Market in China
2018/01/21
As China sped up environmental governance and public private partnership (PPP) projects showed strong growth in environmental protection fields, investment in environmental protection is accelerating dramatically.
 
The green economic market boasts huge potential. In 2016, the energy saving, environmental protection, and resource recycling industries achieved an industry value exceeding RMB 4.5 trillion (US$ 690 billion). Of them, the total sales value of environmental protection industry amounted to about RMB 1.2 trillion (US$ 185 billion), growing 20% year on year.
 
It is planned that during the 13th Five-year Plan spanning 2016 to 2020, the Chinese society as a whole will invest RMB 17 trillion (US$ 2.6 trillion) in environmental protection. Prevention of atmospheric, water, and soil pollution will be carried out on a huge scale, with a total investment of RMB 8.6 trillion (US$ 1.3 trillion).
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