China Enacts Law to Promote Sustainable Growth. By Edmund Klamann, World Business Council for Sustainable Development, September 1, 2008. "China's legislature passed a law calling for fiscal spending, tax breaks and other measures to promote sustainable economic growth via resource conservation and pollution control... The law, passed on Friday at the closing of the fourth session of the National People's Congress standing committee, has been signed by President Hu Jintao and will [take] effect Jan. 1, 2009... The law calls for closer monitoring of resource-intensive and heavily polluting industries such as steelmaking, non-ferrous metal production, power generation, oil refining, construction and printing... encourage industries to adopt water-saving technologies and use cleaner sources of energy such as natural gas and alternative fuels. It also promotes recycling or making use of waste materials, including the recycling of maize straw, livestock waste and farming by-products to produce marsh gas."
2008-09-02
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