- CNTV English - CCTV News

China orders compulsory energy-saving assessments of new fixed asset investments

09-21-2010 14:01 BJT

BEIJING, Sept. 21 (Xinhua) -- China on Tuesday stepped up its efforts to boost energy conservation in the country, enforcing new rules demanding energy-saving assessments of new fixed asset investment projects.

All new investments must undergo independent assessments and government reviews on whether they are energy-saving or not before being approved by regulators, the National Development and Reform Commission (NDRC), China's top economic planner, said Tuesday in a statement on its website.

"It is very important and urgent for us to curb excessive growth of energy consumption and raise energy use efficiency," the statement said.

According to the new regulations, independent institutions will carry out the energy-saving assessments while government departments will take charge of the review work.

Any fixed asset investment project that fails to meet the energy-saving requirements will be vetoed, according to the regulations, which take effect on Nov. 1 this year.

Those projects that pass energy-saving assessments and reviews will be subjected to strict supervision on their actual energy consumption.

According to the regulations, managers running a project with an annual energy consumption over 3,000 tonnes of coal equivalent must submit a detailed energy-saving report to government regulators.

Those who run a project with an annual energy consumption between 1,000 tonnes and 3,000 tonnes of coal equivalent will have to submit a brief energy-saving report.

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program