Chongqing, the largest city in western China, will invest 26
billion yuan over the next five years to build a production base
for making environmental production products.
The production base covers two square kilometers in northern
Chongqing. An additional three square kilometers have been reserved
for further expansion. It features development of environmental
protection technology, production of environmental protection
equipment, pollution-free project design and a display of
environmental-friendly products.
The central government and Chongqing Municipality will allocate
tens of billions of yuan for the disposal of sewage and garbage dug
from the reservoir bed of the Three Gorges in the next few years,
providing a good opportunity for businessmen.
However, there were only 141 environmental protection enterprises
in Chongqing by the end of 2000. Their combined annual output value
was around one billion yuan.
Chinese and overseas investors will be encouraged to participate in
developing new environmental protection technology and producing
more environmental protection products in the production base.
(Xinhua News Agency April 28, 2002)
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