Second Industrial Energy Eciency andEnvironment Improvement
In the early 1990s, energy intensity in the People’s Republico China was the highest among ADB’s developing membercountries. Over 75% o total primary energy consumptionwas accounted or by coal, which had serious impacts onthe environment. From that time, the government beganto implement programs to promote energy eciency andenvironmental improvement, targeting a 20% reductionin energy intensity between 1995 and 2001. In 1992, ADBhad provided a loan to nance investments in energyconservation and environmental improvements in thecement, ertilizer, iron, and steel subsectors.
The project aimed toundertake policy reorms in energy conservation andensure continued progress in marketbased energypricing,nance investments in energy eciency and environmental improvements includingtechnological restructuring, andintroduce modern management systems.
All envisaged physical outputs o the project were achieved with actual productionexceeding designed capacity. All subprojects also achieved anticipated energy eciencyand environmental improvements. Given wide replication throughout the country o thenew production technologies and acilities adopted under the Huaxin Cement CompanyLimited, Jinhua Chemical (Group) Corporation, and Tianjin Soda Plant subprojects, as well asthe willingness o domestic commercial banks to lend or similar energy eciency initiatives,expected sectorwide demonstration eects were largely realized.
9 May 1996
13 January 1997
25 February 2002