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Ministry of Environmental Protection: Disappove Policies of Environmental Protection Raise Prices of Raw Materials

iconSep 27, 2017 16:56
Source:SMM
“Supervision of environmental protection has not affected output of major industrial products. It is also not the direct factor that raises the prices.

SHANGHAI, Sept. 27 (SMM)-On Sept 27th, the  Ministry of Environmental Protection convened routine press conference. Cui Shuhong, director of Division of Environment Impact Assessment, said in the past some illegal pollution emission firms reduce or even eliminate cost of environmental protection significantly, causing bad money drives out good. Thus they achieved higher profits than firms that strictly comply with environmental protection policies, which seriously damaged competitive order of the market and hinder optimization and upgrading of industrial structure. 
“We do not approve the opinion that policies of environmental protection raise prices of raw materials.”Cui Shuhong said, “Supervision of environmental protection has not affected output of major industrial products. It is also not the direct factor that raises the prices. To reinforce forcing mechanisms of environmental protection, dispel bad money, purify market environment, promote adjustment of economic structure, improve quality of economic development and guarantee people’s interest and right, that is the meaning of supervision ”She said.


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