China will focus on promoting environmental protection during the 14th Five-Year Plan period.

The Vice Minister of Ecological Environment said at the 2020 China Eco-Environment Industry Summit Forum on the 13th that the overall development of the environmental protection industry is improving, the scale of development is gradually expanding, the level of technology is significantly improved, the service model is constantly innovative, the "14th Five-Year Plan" period will focus on promoting the development of environmental protection industry from five aspects.
These five aspects include: First, to increase capital investment, strengthen capital leadership, second, to improve the ecological environment standard system to force the environmental protection industry market expansion and efficiency, third, with the relevant departments to introduce and implement the ecological environment protection related fiscal, taxation, price, finance, trade and other preferential support policies to support the development of environmental protection enterprises; according to
, in 2019, the national environmental protection industry revenue of about 1.78 trillion yuan, an increase of 11.3% YoY, far higher than the growth rate of the national economy in the same period, and the gap with the international advanced level continues to narrow, electric dust removal, cloth bag dust removal and other products and ultra-low emissions technology has reached the international advanced level.
The Ministry of Ecological Environment Science, Technology and Finance Department, China Environmental Protection Industry Association recently jointly released the "China Environmental Protection Industry Development Report (2020)" forecast that in 2020 the scale of environmental protection industry operating income is about 1.6 trillion yuan to 2 trillion yuan, in 2021 the scale of environmental protection industry is expected to exceed 2 trillion yuan.
, the State Green Development Fund Co., Ltd., with a registered capital of 88.5 billion yuan, was officially unveiled in Shanghai by the Ministry of Finance, the Ministry of Ecological Environment and Shanghai.
The Chairman of the Supervisory Board of the National Green Development Fund said at the forum that the National Green Development Fund will focus on supporting eight areas, such as environmental protection, pollution prevention and control, ecological restoration, green land and space, energy conservation and utilization, resource conservation and utilization, green transportation and clean energy.
National Green Development Fund will adopt a diversified investment approach, including direct investment in green development-related projects, equity investment in green development-related industries, and sub-fund investment.
among them, sub-fund investments include, but are not limited to, participating in the green development-related sub-funds initiated by local governments or industries in provinces and cities along the Yangtze River Economic Belt, and the National Green Development Fund will also focus on supporting the green development of the Yangtze River Economic Belt.
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