The Chinese government has introduced a new environmental action plan with the goal of seeking high-tech solutions to remedy its complex environmental challenges.
The Asian nation said its "green technology innovation system" will be built over the next three years, to tackle air, soil and groundwater pollution, reduce waste and protect ecosystems, noting that current technologies were not mature enough to serve the country's long-term needs.
To finance the plan, China is expected to encourage enterprises and financial institutions to provide more support to innovative green technologies. The system will also be backed by tax incentives and new “green technology banks”, the government said.
The ultimate aim of the strategy, according to the country's Ministry of Science and Technology, is to help the nation - currently the world’s biggest greenhouse gas producer - meet its net zero targets.
The new national plan vows to “deploy science...