Green pledge spells huge chance for biz By LIU ZHIHUA | China Daily | Updated: 2021-03-04 09:19 Share
Environmental protection sector set to boom as investors, SOEs ready for play
China s commitment to peak carbon emissions by 2030 and achieve carbon neutrality by 2060 is set to bring new opportunities to enterprises specializing in environmental protection, industry executives said.
This, they said, will also boost the high-quality development of the sector. More investments are flowing into the environmental protection industry as investors are showing interest in the growth of sector, said Zhao Lijun, chairman of the China Environment Chamber of Commerce.
Many of the investments are from long-term strategic investors and State-owned enterprises, which are expected to play an important role in upgrading the industry, in accordance with the country s ambitious carbon emissions reduction commitment.