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09:31 Mar 03 2010

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China to invest $1.5b in Tibet environment
09:29, March 03, 2010  

The Chinese Central Government will allocate a further investment of ten billion yuan (1.5 billion U.S. dollars) by the end of 2015 to help protect and preserve the ecological environment in Tibet Autonomous Region, Xinhua reported Tuesday.

Photo shows a sign reading the Mapham Yutso Wetland Reserve in Burang County, western Tibet's Ngari Prefecture. (Xinhua Photo)

The southwest plateau inland, with its nature reserve sprawling over 413,700 square kilometers, is a haven for at least 125 wild animal species and 39 wild plant species that are on the national protection list.

From 2001 to 2009, the Chinese Central Government committed 8 billion yuan (1.2 billion dollars) to environmental preservation in Tibet, said Zhang Yongze, the region's environment bureau chief.

Since then, local governments have shut down nine cement plants, seven ironworks and four paper mills. Meanwhile, they have been working on promoting Tibetan herbal medicine and tourism to boost its economy. So far, there is no chemical industry in the region.

Source: China Daily

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