Rowan Callick,
China correspondent
March 06, 2007
The Australian
CHINA has announced a sweeping program to shut some of its most polluting factories in a green initiative that is likely to cut its economic growth this year to 8 per cent from 10.7 per cent last year.
Premier Wen Jiabao used his state of the nation address yesterday to unveil environmental initiatives that would close a massive section of China's old heavy industry.
The initiatives also ban the wasteful use of land, including building golf courses and free-standing homes.
Launching the annual session of the National People's Congress, Mr Wen said future economic growth would hinge on "environmentally friendly industries".
Projects would be assessed for "energy consumption and environmental impact". Those that failed to meet such standards would be stopped. Mr Wen said China would close "backward" iron foundries with a production capacity of less than 30 million tonnes and "backward" steel mills that could produce 35million tonnes.
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