"Environmental Protection Law" (Amendment) was issued on April 24, 2014, and will come into force on January 1, 2015
After a lapse of 25 years, “Environmental Protection Law” (Amendment) (“New Law”) was finally enacted, as the basic and comprehensive law on the environmental protection, New Law has made huge changes. Overall changes include applying more requirements on the environment supervisor—-the government; strengthen the requirements and punishment on the environment protectors—-entities and individuals. As for the production-oriented enterprises, the following aspects shall be noted: New environmental economic incentives. Article 21, 22 and 23 of New Law stipulate that the government to take fiscal, taxation, pricing, and other aspects of government procurement policies and measures to encourage enterprises to use environmental…