83.3 Billion Yuan to be Spent on Reducing Carbon Emissions

The central government will invest 83.3 billion yuan in tackling pollution and reducing carbon emissions over the remaining eight months of this year according to reports of a meeting of the Standing Committee of China's State Council yesterday. The move is a bid to ensure that average energy consumption per unit of GDP will be reduced by 20% when compared to 2005. Over the past four years, the average energy consumption per unit of GDP in China has decreased by 14.38%.

Source
National Business Daily

Google Translation