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To fight pollution, China takes capitalist route

(Agencies)
Updated: 2007-07-31 14:02

Related readings:
 Energy consumption per unit of GDP falls 2.78% in 1st half
 China should raise resources tax
 Power sector grows greener
 Local gov'ts 'ignoring' green model

Pan said that he expected the People's Bank of China and the China Banking Regulatory Commission to restrict credit to the companies identified on the blacklist. And he promised additional measures to come.

"Green credit is just a start," Pan said in an earlier version of his comments sent to reporters in an e-mail message.

Officials will also consider incorporating environmental standards in tax, insurance and stock market regulations, he said.


(For more biz stories, please visit Industry Updates)

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