In recent years, China’s local and national governments, companies and organizations have begun to take note of the environmental, social and economical costs of China’s radical development. Increasing opportunities for businesses are also being observed in China, as environmental awareness expands and sustainability becomes one of the key terms for economical growth. With regard to China’s increasing concerns on energy conservation, emissions reduction and environmental protection China has currently discussed a new regulation with relation to the protection of the Grasslands of Inner Mongolia, as well as reformed the national Resource Tax.

Along with reforms of previous environmental regulations and the implementation of new regulations China calls upon innovative efforts for environmental protection. China’s State Council this past month stressed the importance of environmental related issues, and the need to address the environmental consequences of China’s rapid development which affects people’s lives and inevitably sustainable development. China’s State Council further emphasizes the significance of developing the environmental protection industry as well as ensuring nuclear and radioactive security throughout China. Focus on the environmental protection industry and the support from the government on this emerging industry allows for great business opportunities for both foreign and domestic enterprises. China is becoming an attractive market for environment related enterprises, as China’s population becomes increasingly environmentally conscious of the necessity to help protect and restore the local and global environment.