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Official: Input in Environment Proposed to Account for 1.5 Percent of GDP

Xie Zhenhua, director of the State Environmental Protection Administration, said Friday that a minimum investment that accounts for 1.5 percent of the gross domestic product is needed to basically control pollution arising from economic development.

Xie told a news conference that over the past five years China invested 580 billion yuan (about US$70.13) or 1.2 percent of its GDP in environmental protection and biological construction, of which 480 to 490 billion yuan was channeled to pollution control.

He said that experience of foreign countries and China's own practice have proven that if the input in environmental protection can reach 1.5 percent of the GDP, pollution problems can be brought under control; and if the input exceeds 1.5 percent of the GDP, the environment can be improved.

(Xinhua News Agency March 14, 2003)

 


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