The money will be used to support emission controls for enterprises as well as the country’s new energy automobile industry, and develop technology to protect the environment, according to the Global Times.
The cabinet also said it would accelerate energy restructuring and bring coal consumption under control.
The Shanghai Academy of Social Sciences has reportedly warned that Beijing is on the verge of becoming inappropriate for human habitation.
The Chinese capital is often plagued by heavy smog and choking air pollution. Reports say emissions from motor vehicles, coal-burning and cooking are the main culprit behind serious smoggy weather in large Chinese cities.
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