Wednesday, March 7, 2012

To Speed Up The Development of New Energy and Renewable Energy in China

The Fifth Session of the Eleventh National People's Congress news center held a press conference at 15:00, March 6th in the Medina multifunctional hall. Finance minister Xie Xu-Ren, vice minister Wang Jun, office director of spokesman Dai Baihua answered questions from Chinese and foreign correspondents on the "current fiscal policies".

Xie Xu-Ren said the government would further promote economic restructuring and coordinated regional development, promote economic development to accelerate the transformation.

This year the government will strongly support the increase in the independent innovation capability and core competitiveness, actively promote energy-saving and emission-reduction, accelerate the development of new energy and renewable clean energy; further expand the coverage of grassland ecological protection subsidy incentives to cover a larger area of animal husbandry and animal husbandry in the county; vigorously promote the optimization of industrial structure adjustment, especially further increase the investment in agriculture and promote agricultural production, and promote the strategic development of emerging industries, promote the further technological innovation and industrial upgrading of manufacturing sector, and increase support for the service industry. 

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