Li: Green transformation can lead to great fortune

Li Jinhua, vice-chairman of the National Committee of the Chinese People's Political Consultative Conference, said that many developing nations, including China, are going to achieve modernization in the next 40 years, and their development must be carried out along green lines.

He made the remarks Friday at the Eco-Forum Global, Guiyang that opened on July 27 in Guiyang, capital of Guizhou province.

"The green transformation can lead to great fortune so that all of society can share the fruits of development," said Li.

In addition to progressing along an innovative path toward development, future economic development should focus more on improvements to the public quality of life, balanced distribution of wealth as well as multilateral exchanges and cooperation.

Jia Qinglin, chairman of the CPPCC national committee, said in a letter to the forum, that the event, which has been held for four consecutive years, is playing an active role in exploring ecological development models, promoting experience, and the theme of this year's forum caters to the world trend of green economy and sustainable development.

The Chinese Ministry of Science and Technology has launched a series of projects to treat pollution, develop new energy and materials, and protect the natural environment.

It also encourages companies to venture into industries involved in environmental protection.