Wednesday, April 14, 2010

New Regulation

Related to my previous post on the pollution in China, the government just released a new set of regulation regarding foreign investment. It emphasizes on avoiding polluting and energy-wasting industries. Also, it encourages companies to make investment in Central and Western China, something that the government has been working on in the past couple years.

This is another bold step made by the government in order to control the inundation of industries coming in to the country so that it can also be environmentally friendly. I hope the strategy would work and not just written in a piece of paper.

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