China welcomes private capital in ecological protection


Source: people.cn people.cn

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BEIJING, Nov. 10 (Xinhua) -- China is set to encourage and support private capital in ecological protection and restoration, according to a circular released by the General Office of the State Council. Some regions have suffered serious damages and degradation in ecosystems and thus need wider social participation in ecological protection and restoration, the circular stated. To attract private funds, the circular has mapped reforms and detailed requirements on participation mechanisms and supportive policies. China will give full play to the decisive role of the market in resource allocation, give greater play to the role of the government, increase investment...