Cleaning up China’s air pollution will cost 1.75 trillion yuan (£176b) between 2013 and 2017, a high-ranking environmental official has estimated. Wang Jinnan, deputy head of the Chinese Academy for Environmental Planning, said that the investment –part of an anti-pollution "action plan" announced by China's cabinet in September – “would drive up GDP by nearly two trillion yuan (£202b) and create over two million jobs,” China’s official newswire Xinhua reported. The total cost will be higher than the 2017 gross domestic products of most countries, including Finland, Israel and Portugal. “36.7 percent of the investment, or 640 billion yuan (£64.5b) should go on cleaning up industry, followed by 490 billion yuan (28.2 percent) on cleaner energy sources. Cleaning up motor vehicles will absorb 210 billion yuan,” Xinhua reported, citing Wang. |