The idea is to realize China’s energy-saving targets.
The regulation means investors cannot be given a go-ahead if they don’t design detailed energy-efficient schemes. Which seems an eminently sensible idea.
Currently 10 provinces, municipalities and autonomous regions such as Beijing, Tianjin, Jiangsu and Inner Mongolia have started to put the rule into pilot operation.
Xie Zhenhua, vice-minister of the National Development and Reform Commission, which is coordinating energy-efficient projects and climate change issues, said, ‘We are going to announce the draft regulation as soon as possible based on the experiences gained by the pilot regions.’
If the new regulation is approved and implemented nationwide, it will mean that all new fixed-asset projects will be assessed by the government in accordance with their environmental impact and energy-saving potential. More on this HERE.
Source: China View