Overview
The State Council of the People's Republic of China recently issued the Twelfth Five-Year Plan for Environmental Protection, which sets out policies for China's emissions reduction, pollution control and environmental risk management during the next five-year period from 2011 to 2015.
The Plan contemplates stronger environmental enforcement, increased regulatory requirements and new environmental economic policies that will pose challenges, but also provide new investment opportunities, for foreign investors and their subsidiaries in China. Baker & McKenzie outline what the plan says, the implications for foreign investors and a series of action points to consider.
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