Government Tackles Environment and Safety Issues

The Chinese government is increasingly conscious of environmental issues, including carbon emissions, and the safety of products, and it has launched several initiatives recently to address these challenges. “China’s 12th five year plan has been hailed as the ‘greenest’ five-year plan in the country’s history,” says Norbert Meyring, partner at KPMG (Shanghai), who also heads KPMG’s chemical business for China and Asia/Pacific. “It contains a series of social and economic objectives to be achieved by 2015, of which...

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