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Category: Governmental News
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Published: Monday, 02 April 2012 13:03
According to Ningbo Municipal Bureau of Environment Protection, in the examination by Zhejiang Provincial Office of Pollutants Discharge Reduction, Ningbo is among the best of Zhejiang in the discharge reduction of major pollutants.
The examination shows, in 2011 Ningbo reduced discharge of COD by 3.52%, ammonia nitrogen by 3.12%, sulfur dioxide by 3.83%, and nitrogen oxides by 1.56%. Ningbo has fulfilled all the requirements for the discharge reduction of the three major pollutants as is required by Zhejiang Provincial Government for the annual examination for 2011. With respect to the control of pollutants of COD, ammonia nitrogen and nitrogen oxides, Ningbo is the best in Zhejiang. And it is No.2 in the control of sulfur dioxide.
Reportedly, in the past year, all the cities, counties, districts and related departments made vigorous efforts to advance pollution reduction programs. In the rectification of the key areas and key industries,Ningbo constantly strengthens the law enforcement, and the environment supersion, resulting in notable progress in this respect.
In the control of water pollution, the city renovated and built sewage treatment facilities, improved the sewage collection network, raised the capacity of sewage treatment works and raised the used of recycled water.
In the last year, the city started the program of "No Highly Polluting Fuel Areas". With the program, the city eliminated 154 coal-fueled boilers in the first phase of the program and eliminated 36 coal-fueled boilers planned for the first phase of the program
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Category: Governmental News
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Published: Monday, 02 April 2012 12:59
On March 26, an agreement on the insurance debt investment program was signed, the first such program in Zhejiang. According to the program, insurance funds of 2.5 billion yuan will be invested in batches in the infrastructural facilities of Ningbo.
The time limit for the "Insurance Debt Investment Program of the People's Insurance Company of China and Ningbo" is 7 years. People's Insurance Company of China is trusted to collect funds from qualified insurance institutions and the funds collected are mainly be invested in the traffic infrastructural facilities. This program is the first one Ningbo has started to collect insurance funds for infrastructural facilities, which well balances the interests of the debtors and investors and effectively reduce the financing cost.
Reportedly, insurance debt investment is one of the major ways for insurance funds to be invested in infrastructural construction. This kind of investment has such advantages as large scale, long time limit, flexibility of fund uses and rational cost.
According to an authority of Ningbo Municipal Banking Office, the insurance debt investment program is an innovation Ningbo makes in financing. In the present situation of credit squeeze and high financing cost, it is of great significance for the city to broaden the financing channels for key projects.
In the time to come, Ningbo will further enlarge the cooperation with insurance institutions in investment with insurance funds. On the prerequisite of qualified financing projects, debtors and guarantee conditions, the city will take active measures to collect insurance funds for such fields as infrastructural facilities, public services, housing security and environment protection.
Su Limian, Vice Mayor of Ningbo, was present at the signing ceremony.
