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China issues regulations on soil pollution control fund management

February 28, 2020


Abstract : Chinese authorities led by Ministry of Finance (MOF) have recently issued the regulations on soil pollution control fund management to standardize fund-raising, management and use of the funds, according to the official website of MOF on Thursday.

BEIJING, Feb. 28 (Xinhua) -- Chinese authorities led by Ministry of Finance (MOF) have recently issued the regulations on soil pollution control fund management to standardize fund-raising, management and use of the funds, according to the official website of MOF on Thursday.

According to the regulations, provinces with heavy tasks for soil pollution control and qualified conditions are encouraged to establish funds, and actively explore effective fund management models and reward mechanisms.

The regulations are also aimed at guiding the private investments in the soil pollution control and supporting the development of the soil remediation industry. (Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: soil-pollution fund management

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