NDRC to support private enterprises in energy conservation and environmental protection projects

Six departments including the National Development and Reform Commission (NDRC) issued the implementation opinions to support the healthy development of private energy-saving and environmental protection enterprises.

Six departments including the National Development and Reform Commission (NDRC) issued the implementation opinions to support the healthy development of private energy-saving and environmental protection enterprises.

The Opinions proposed 12 policies and measures:

(1) It requires the government to guide private enterprises to participate in the construction of major energy conservation and environmental protection projects, implement the current preferential tax policies, and increase green financial support.

(2) It requires the government to increase support for green technology innovation in private enterprises, promote business model innovation, and urge enterprises to operate in compliance with laws and regulations.

(3) It requires government to support competition in energy-saving and environmental protection in key industries and fields such as petroleum, chemical, electricity, and natural gas.

In this way, the government should continue to improve the bidding mechanism, actively fulfill its commitments to enterprises, and support private enterprises to participate in the construction of weak and strong projects.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/ndrc-to-support-private-enterprises-in-energy-conservation-and-environmental-protection-projects/.

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