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China's Environmental Legislation and Enforcement

June 2009
EnvironmentEnergy

Abstract

After 30 year's fast growth of economy, China is facing unprecedented challenges brought by environmental pollution and ecology deterioration. In recent years, China's environmental legislation and enforcement are becoming core content of the major considerations during the establishment and operation of businesses in China. To help readers to gain a better understanding of China's environmental law system, the article briefly reviews China's environmental legislation history after 1979. This article then introduces major currently-effective environmental laws and basic legal mechanisms created by these laws that might impact an industrial facility from its initial establishment to daily operation. Environmental enforcement system, mainly focusing on the Ministry of Environmental Protection and its local counterparts, will also be discussed to help the reader understand how the laws-on-the-paper are implemented across China.

Author

Company

General Electric

GE's financial results highlight our ability to deliver. In 2007, GE generated double-digit earnings and revenue growth ($173 billion in revenues and $22.5 billion of earnings). Also in 2007, GE generated $23.3 billion in cash, which has given us flexibility to invest in our businesses, return more than $25.4 billion to shareowners through a dividend increase and stock buyback. Over the past four years, GE's average earnings growth rate has been 14 percent per year. GE traces its beginnings to Thomas A. Edison, who established Edison Electric Light Company in 1878. In 1892, a merger of Edison General Electric Company and Thomson-Houston Electric Company created General Electric Company. GE is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896.

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