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China to spend $277 billion to curb air pollution

China to spend $277 billion to curb air pollution

Reuters, reporting on statements by Chinese state-run media:

China plans to invest 1.7 trillion yuan ($277 billion) to combat air pollution over the next five years, state media said on Thursday, underscoring the new government’s concerns about addressing a key source of social discontent.

The money is to be spent primarily in regions that have heavy air pollution and high levels of PM 2.5, the state-run China Daily newspaper quoted Wang Jinnan, vice-president of the Chinese Academy for Environmental Planning as saying. Wang helped draft the plan.

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