The Goldman Sachs report China's Environment: Big Issues, Accelerating Effort, Ample Opportunities, released on 13 July 2015, claims that unprecedented growth has led to record levels of pollution in China’s air, water and soil. 60% of the country’s groundwater is unfit for human consumption and 19% of its arable land exceeds the national pollution standards.Calls to fight pollution have grown louder across China. The report expects China to invest 2% of its annual GDP in 2016-2020 in the environmental industry, which would imply a total investment of RMB 8.2 trillion in 2016-2020, 60% higher than 2011-2015. Soil remediation, solid waste and wastewater treatment are said to have the biggest growth potential.
China’s projected investment in the environmental industry coupled with the country’s new environmental protection law will have a widespread impact on foreign business in this sector. Join us and our panel of experts as we analyse the present and discuss the future of the environmental sector in China.
Panelists:
- Mr. Julian Zhu, Co-Head China Equity Research, Goldman Sachs
- Mr. Peter Corne, Managing Partner, Dorsey & Whitney LLP Shanghai
- Mr. Francois Jenny, Business Unit Director, Suez Environment, and Vice-Chair of Environment Working Group, European Chamber
Moderator:
- Mr. Frederik Cornu, Director & Management Committee Member, Bureau Veritas (Greater China), Member of the Executive Committee and Chair of Environment Working Group, European Chamber
AGENDA
14:00 – 14:30 Registration and Networking
14:30 – 15:00 "China's Environment: Big Issues, Accelerating Effort, Ample Opportunities" by Mr. Julian Zhu, Co-Head China Equity Research, Goldman Sachs
15:00 – 15:30 "China’s Environmental Protection Law and its implications for businesses" by Mr. Peter Corne, Managing Partner, Dorsey & Whitney LLP Shanghai
15:30 – 16:15 Panel discussion followed by Q&A
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