Fujian sets 20-year plan for "ecological province". EAI PS

2002
COMTEX News Network

East China's Fujian Province plans to invest at least 70 billion yuan (8.43 billion US dollars) in making it

an "ecological province".



The plan is aiming for a sustainable development which achieves a balance in economic growth,

environmental conservation and the use of natural resources within 20 years.



Announced by Fujian Governor Xi Jinpin in Beijing on Sunday, the plan has been submitted to a national

experts panel for discussion and professional advice.



Xi said Fujian hoped to gain both economic and ecological benefits, adding that the province would

consider ecological impacts when making economic decisions, and would encourage the development

of environmentally-friendly farming and industry, and eco-tourism.



Systems to ensure rational use of natural resources like forests, sea, land, water and minerals, would

be established, and the living environment in urban and rural areas would be improved, Xi said.



The total cost of projects under the plan is estimated at 71.6 billion yuan (8.63 billion dollars), including

37 billion yuan (4. 45 billion dollars) to be invested by the year 2005.



Fujian, together with Jilin and Heilongjiang provinces in the north and Hainan in the south, pioneered

China's provincial-level experiment to integrate the idea of sustainable development into its overall

development plan, according to officials with the State Environmental Protection Administration (SEPA).

Back-alley banking: Private entrepreneurs in China EconLit JB

2002
Tsai, Kellee S. Cornell University Press

Explores the intentionally shrouded workings of informal finance in China, addressing how

entrepreneurs are even able to create unofficial alternatives to state banks when the central

government explicitly forbids private financial institutions and how the tremendous variation in the

scope and scale of informal finance throughout the country can be explained. Discusses the political

economy of informal finance in China. Studies the gendered worlds of finance in Fujian; financial

innovation and regulation in Wenzhou; and creative capitalists in Henan. Compares the political

economic logic of informal finance in China with the situation in other developing countries. Tsai is

Assistant Professor of Political Science at Johns Hopkins University. Index.



(This book has special interest to me because it deals with issues that are being discussed in other

classes I am taking. Money and Banking system in China is finding a way to form itself. Very

interesting book if you are interested in the Banking system and how government affects it.)

Wednesday, October 01, 2003 Page 14 of 25
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