Payouts are key move in going green
By Zheng Jinran | China Daily | Updated: 2015-06-27 07:53
Experts say there are still problems to resolve, including a lack of systemic policies
China has increased spending on eco-compensation to push forward the efficient use of resources in recent years, but it faces problems such as the lack of systemic policies, experts said on Friday.
The central government allocated more than 158.6 billion yuan ($25.4 billion) in 2013, up from 2.3 billion yuan in 2001, to cover eight major areas such as forests, grasslands, rivers and seas, said Wang Jinnan, vice-president of the China Academy for Environmental Planning.
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