In 2008, the country made significant strides toward meeting the binding energy conservation and emission reduction targets set under the Eleventh Five-Year Plan. As emphasized by the Central Economic Work Conference, achieving these goals became a key measure of economic development effectiveness. This target was no longer just a policy goal—it turned into a strict benchmark for evaluating the performance of local officials at all levels. The government also increased its financial commitment to energy efficiency and pollution control efforts during this fiscal year.
In the new year, the government took a more proactive role in promoting energy conservation and environmental protection. A major focus was placed on supporting enterprises with energy-saving technological upgrades. According to reports, over 700 such projects were approved in 2007, and the momentum was expected to continue in 2008. It was projected that by the end of the Eleventh Five-Year Plan period, 130 million tons of standard coal would be saved nationwide.
In addition, the 2008 budget included enhanced support for building sewage systems and pollution monitoring infrastructure in central and western regions. The government aimed to accelerate the development of new mechanisms to promote energy efficiency and emission reductions. An important step was the establishment of a system to phase out outdated production capacity. Local governments were required to allocate funds to eliminate inefficient industries. Meanwhile, the central government offered subsidies and incentives to less developed areas, with increased investments in key river basins like the Three Rivers and Three Lakes, as well as the Songhua River region.
This comprehensive approach reflected a stronger commitment to sustainable development and environmental protection, signaling a shift towards more responsible and long-term economic planning.
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