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China will value the consumption of energy of the real estate projects.

The initiatives of energy economy will be obligatory in all demand of real estate investment in China from January 1st, 2007, whereas the country develops the energizing efficiency.

A civil servant of the Commission of state for the Development and the Reform (CEDR) said that the commission would ask the departments to reinforce the exam and the approval of the real estate investment demands.

The new rules of the energy economy require that all demands of real estate investment are accompanied by demonstrations convenient by consumption and energizing economy.

The announcement increases the supervision and the general punishments of the enterprises that fail to conform to the regulations.

China set for objective a reduction of the consumption of energy of 20% during the 11st quinquennial (2006 – 2010). The objective, approved by the legislative institution of China, will guide the social and economic development legally during the 5 years.

However, the energizing consumption by unit of GDP in China increased 0.8% to the first semester of this year and the indications of the main pollutants didn’t quit to increase.

These facts decrease the hope to see to progress the energizing situation this year.

The assessment of the real estate projects will avoid the waste of energy and will force the promoters to adopt recent ecological technologies, added the civil servant.