China to invest $313 billion in cleantech

According to Reuters : ” China will invest 2 trillion yuan (about $313 billion or 230 billion euros) to promote a green, low-carbon economy in the next five years, a senior economic planning official was quoted on Sunday as saying. ”

The article goes on : ” (…) The green economy plan includes setting up 100 bases for demonstrating resource utilisation and launching low-carbon pilot programmes in five provinces and eight cities

I guess all this money will help China become the first economic power even quicker thanks to cleantech. Meanwhile both the United States and the European Union are doing a track-stand on these issues…

By Edouard

Edouard is a sustainability and energy professional committed to bringing our societies to a carbon neutral future. He has been writing on related topics on this very blog since 2007.

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