Off the wire
Xinhua China news advisory -- June 3  • Garden festival kicks off in Ireland, attracts residents, visitors  • Venezuela sends aid to Cuba after tropical storm Alberto  • Venezuela prepares list of political opponents to be freed from jail  • JSE edges weaker as firmer South African rand pulls down mines  • JSE closes lower as U.S. dollar continues to gain  • JSE closes higher buoyed by banks and general retailers  • Microsoft eyes establishing software start-up in Turkey  • Chinese mainland claims 6 of world's top 100 universities in latest THE rankings  • U.S.-EU trade war could "devastate" Irish whiskey industry: IWA  
You are here:   News/

China to pilot eco-compensation in 50 counties

Xinhua,November 25, 2019 Adjust font size:

China will pilot a comprehensive ecological compensation mechanism in 50 county-level areas to better balance economic development and environmental protection, according to a plan released by the top economic planner.

The pilot program aims to explore new ways of using ecological compensation funds and channels of funding, as well as encourage all stakeholders to enhance ecological protection, according to the National Development and Reform Commission.

The plan seeks to transform the development model in the selected counties, which will be in the China's key ecological function areas, with a key task of coordinating the interests of protectors and beneficiaries of forests and rivers.

Special industries with ecological advantages will be better developed in the pilot counties, including many poverty-stricken ones, in areas including Tibet Autonomous Region and provinces of Sichuan, Yunnan, Gansu and Qinghai.

The pilot program aims to establish an ecological compensation mechanism that substantially boosts voluntary protection and suits local economic development levels by 2022.