|
WB Funds China's Eco-friendly Cities (Xinhua) Updated: 2006-04-10 10:37 The World Bank has loaned the Chinese government
one million U.S. dollars to aid efforts to build ecologically-friendly
cities.
The money will be used to draft environmental plans for three
cities.
Baotou, an industrial city in north China's Inner Mongolia Autonomous
Region, will receive US$600,000, and the remainder will go to Chongqing
Municipality in the southwest and Wuyishan, acity in east China's Fujian
Province.
The Ministry of Finance has called in experts to study the development of
recycling economies and ecology-friendly industries in Baotou.
They will also carry out research on waste water treatment in Wanzhou
District of Chongqing and the growth of ecologically-friendly tourism in
Wuyishan.
Chinese cities are becoming increasingly aware of the importance of
ecological improvements.
The World Bank decided to assist in building ecology-friendly cities in 2004.
The Ministry of Finance is held responsible for implementing the program
which is expected to be completed by the end of this year. (For more biz stories, please visit Industry Updates) |
|
|
|