| China's energy-efficiency drive to create lucrative building market |
| Friday,June 22,2007 Posted: 06:53 BJT(2253 GMT) Xinhua |
FUZHOU, June 21-- China's construction material industries have a potential market of 1.5 trillion yuan (197.3 billion U.S. dollars) in the next ten years as the government implements its policy to build an energy-efficient society, a government official has said. "Energy-saving and environment-friendly green buildings will develop into a big industry as the government has pledged that half of China's urban buildings will be energy-efficient by 2010," said Vice Minister of Construction Qiu Baoxing at a forum on green buildings that concluded on Wednesday. Currently, energy-efficient buildings account for less than one percent of the total in China. Experts say the industry will drive rapid development of sectors such as heat insulation, gardening, and solar heating materials, and energy-saving doors, windows, lamps, home appliances and the transformation of existing buildings. Qiu said recyclable materials would also be much more used. "The Ministry of Construction will soon formulate a series of preferential policies in taxation and bank loans with the finance and taxation ministries to promote the construction of green buildings." Meanwhile, the ministry would encourage private and foreign investment in the installation of energy-saving technologies and materials in existing buildings, he said. |
All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".
All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.
