According to Xinhua News Agency reported that the "Republic of China on Environmental Impact Assessment Law" on September 1, came into effect. The ultimate goal is to achieve an integrated environment and development decision-making, and establish integrated economic development and environmental protection strategy and planning system.
Comments: environmental protection industry is one of the world's four major emerging industries, the future industrial development of the world's hot spots and focus. As an emerging industry, environmental protection machinery, is expected to grow from an infant industry into a certain scale, in the machinery industry account for a large proportion of services in the wider, higher input and output, have a greater impact on national economic development of pillar industries . "15" period, China's investment in environmental protection will reach 700 billion yuan, of which 2001 to 2005 the market demand for environmental protection machinery is estimated at 200 billion yuan. Meanwhile, around the theme of Green Olympics, Beijing is implementing environmental programs to air, water, urban acoustic environment to achieve national environmental quality standards, and expected investment in 2003 to 55 billion yuan in 2007 to further improve environmental quality. We believe that between now and 2010, China's environmental protection equipment industry is an unprecedented development period, while the "Republic of China on Environmental Impact Assessment Law" into effect, the environmental protection industry is expected to promote the arrival of high-speed development period as soon as possible. (From Bohai Securities Institute)