Rising sales of green products meet big demand
With robust annual sales growth of nearly 30 percent, China's environmental protection industry products may reach 570 billion yuan ($91.3 billion) in total value by 2015, according to an official report released on Tuesday.
The fourth national survey on the industry, co-authored by experts from the Environmental Protection Ministry, the National Development and Reform Commission and the National Bureau of Statistics, said that sales of environmental protection products in 2011 was almost 200 billion yuan, about five times that of 2004.
Xu Shufan, deputy head of the science, technology and standards department of the Environmental Protection Ministry, said the report aims to present a clear picture of the industry at the start of the 12th Five-Year Plan (2011-15).