Tuesday, May 21, 2013

China Approves Special Plan to Develop Clean Technology, Efficiency as Key Sectors

SHENZHEN, China—China’s highest decisionmaking body has approved a special plan for the 12th Five-Year Plan period (2011–2015) to develop seven strategic industries, including technology for energy efficiency and water resource protection, alternative energy, and innovative vehicles.
The State Council announced May 30 that 20 major projects will develop these industries through 2015 but did not provide details. Other industries in the special plan include next-generation information technology, biotechnology, high-end equipment manufacturing, and new materials. …
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