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Article: Environment industry and laws improving in China
- Article from:
- Haznews
- Article date:
- June 1, 1996
CopyrightCOPYRIGHT 1996 Profitastral Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In 1993, China had 8,651 environmental protection businesses which employed some 1.9 million people, had an annual turnover of Yuan31,100 million ($5,400 million) and profits of Yuan4,000 million, according to the first national survey of China's environmental protection industry by the National Environmental Protection Agency (NEPA). The number of businesses in 1993 is thought to have increased by 71% compared with 1988, and annual turnover and profits to have doubled, according to a Xinhua news agency report from the BBC Monitoring Service. Despite its rapid development, China's environmental protection industry is still "in its early developing stage, with poor basic ...