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China Invested 580 billion yuan (RMB) in Green Economy in 2008
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China’s National Development and Reform Commission recently revealed that in the budget of 4,000 billion yuan (RMB) of the Economy Stimulation Plan that was released in 2008, about 580 billion yuan (RMB) was used on projects relating to technologies dealing with climate change in order to develop the green economy. China is now trying to reduce the influence of climate change through various measures, such as shutting down small thermal power plants. It is anticipated that the goal of reducing energy consumption by 20% in unit GDP during the 11th Five-year Plan will be realized.

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