Tuesday, February 7, 2012 19:07

Chinese government issues green measures for overseas investment

Monday, June 1, 2009, 8:35
This news item was posted in China, Environment, News category and has 0 Comments so far.

Two government bodies have drafted a list of mandatory environmental measures for Chinese outbound investment, state media reported last week. The Ministry of Environmental Protection and the Ministry of Commerce have outlined a set of requirements that Chinese firms will have to observe, along with international environmental treaties. This comes as the amount of Chinese investment abroad has seen a steep increase; last year overseas investment reached US $40.7 billion.  According to state-run China Daily, corporations are expected to uphold Chinese environmental standards in countries where rules are lax.

Green rules eye Chinese firms abroad, China Daily

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