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15 July 2015

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Hunan Environmental Protection Industry Achieves Annual Output Value of 190 Bln Yuan

Hunan environmental protection industry saw fruitful results in the past 2016. A batch of leading environmental protection enterprises has made remarkable achievements. The output value of the sector maintained a rapid growth rate of 20%, expecting to reach 190 billion yuan.

  

Hunan has been continuously increasing its investment in environmental protection in recent years. A series of new concepts on environmental protection such as PPP, third-party management, sponge city, and black and odorous water treatment spawned a huge promising market, attracting numerous capitals. For instance, some Hunan enterprises have entered into the market after finishing its transformation and companies from other places also joined in Hunan’s market via business expansion, mergers and acquisitions, thus making the market competition pattern increasingly distinctive and fierce.

 

China’s No.1 Central Document 2017 proposed to focus on treatment of major agricultural environmental problems, implement green production methods, and enhance sustainable development capacity of agricultural industry. In the “Two Sessions” of Hunan Province 2017, environmental protection and treatment was listed as one of three major tough tasks this year. According to the “13th Five-Year” environmental protection plan of Hunan Province, the province will promote the development of environmental protection industry, support leading enterprises expansion, to achieve an average annual growth of more than 20% in output value of the industry.

 

Please refer to www.enghunan.gov.cn when using the article.

 

Translator: Yu Jiangjiang

 

Chinese source: hunan.gov.cn