China’s 11th Five-Year Plan (2006-2010) calls for US$ 175 billion of investments in environmental protection (1.4% - 1.5% of GDP) – twice as much as in the previous plan.
According to the national target, renewable power will be 16% of the total power capacity in China in 2020. It is expected that it will reach 30% or even more in the 2040s.
“With the implementation of the 11th Five-Year Plan, China’s environment will be further improved. The trend of ecological and environmental degradation will be curbed preliminarily, and the total emission volume of major pollutants will be reduced by 10%. In cities, 70% of wastewater and 60% of residential garbage will be treated. The forest coverage rate is expected to reach 20%. 100 million rural residents will be provided access to safe drinking water, and 1.2 million kilometers of rural roads will be newly built and upgraded.”
The 11th Five-Year Plan: Targets, Paths and Policy Orientation
Ma Kai, Minister, National Development and Reform Commission (NDRC)
March 19, 2006