November 22, 2010 / 1:04 PM / 9 years ago

China invested $30bln in energy conservation in last 5 yrs-Xinhua

BEIJING, Nov 22 (Reuters) - China invested 200 billion yuan ($30.12 billion) to boost energy conservation and curb greenhouse gas emissions in the past five years, the Xinhua news agency reported on Monday.

He Bingguang — a senior official of the department of resource conservation and environmental protection at the National Development and Reform Commission, the country’s central planning agency — made the statement to reporters in Beijing at a clean-technology conference.

The announcement comes just two weeks before Chinese officials head to Cancun, Mexico, for climate pact talks, which aim to fix a new framework for tackling global warming. [ID:nTOE6AK001].

China, the world’s biggest emitter of greenhouse gases from human activity, has made a domestic vow to reduce “carbon intensity”, the amount of carbon dioxide emitted for each dollar of economic growth, by 40-45 percent by 2020 compared to 2005.

(Reporting by Sui-Lee Wee, Editing by Andrew Marshall)

$1=6.639 Yuan Created by Andrew Marshall

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