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China Plans 5 Trillion Yuan New Energy Investment, Securities Journal Says

By Bloomberg News - 2010-08-08T10:55:38Z

China will invest 5 trillion yuan ($738 billion) into renewable energy projects over the next decade under a development plan of the industry, China Securities Journal said, citing the State Information Center.

The 10-year plan will be released soon, the Journal said, without giving a time frame.

--Winnie Zhu. Editors: Peter Branton

To contact the reporter on this story: Winnie Zhu in Shanghai at wzhu4@bloomberg.net

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