198252 Resource 94086 94146 94146 1204039154701 1204043036784 Controlled Green Security Plan

After “green credit” and “green insurance,” Beijing is placing more green policy on companies

<p style="margin: 0in 0in 0pt;" class="MsoNormal"><font color="#000000"><city w:st="on"><place w:st="on"><span style="font-size: 10pt; font-family: Verdana;">Beijing</span></place></city><span style="font-size: 10pt; font-family: Verdana;"> will drive&nbsp;a green security program to require companies to have approved environmental record prior to raising capital. Deputy head of the State Environmental Protection Administration Pan Yue said &ldquo;It will curb excessive growth in highly polluting sectors, reduce capital-market risk and spur listed firms to improve their environmental performance.&rdquo;&nbsp;</span></font><span style="font-size: 10pt; font-family: Verdana;"><font color="#000000">&nbsp;</font></span></p><p /><p style="margin: 0in 0in 0pt;" class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"><font color="#000000">The tougher environmental standards put pressure on many industries. The agency reported that many permits for new projects were suspended last year until companies or local governments had resolved the violations.</font></span></p><p /> 9 application/xml false environment Green policy standards International Herald Tribune http://www.iht.com/articles/2008/02/25/business/chigreen.php Mozilla/5.0 (Windows; U; Windows NT 6.0; en-US; rv:1.8.1.12) Gecko/20080201 Firefox/2.0.0.12 127.0.0.1 127.0.0.1 Establish 208.105.4.154 false true false false true 187565 false false true false false false true 94086 blog blogsite/ChinaSupplyChain/web