November 29, 2016 10:14 AM

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China 'green' sector seen growing to 3% of GDP by 2020: Official

China expects the output value of its energy saving and environmental protection industry to rise from 4.5 trillion yuan (that is, 653 billion dollars) last year to more than 10 trillion by 2020, lifting its share of gross domestic product from 2.1 percent to 3 percent.<br/><br/>National Development and Reform Commission, China's state planning agency says that the industry presently employs more than 30 million people. China is hoping that huge investment in the environmental sector will also diversify the country's heavy industrial economy.<br/><br/>The Chinese government approved a "five-year plan" for the environment earlier this month, promised to make significant decrease in total emissions and bring environmental risks in effective control by 2020. In recent policy documents, the government has also promised to strengthen its environmental monitoring systems and enhance sewage and household waste treatment in the time period 2016 to 2020.

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