The Beijing government will give companies who stop highly polluting production up to 2.3 million yuan ($336,500) as a bonus, state media said Sunday, in the latest attempt to clear the capital’s notoriously poor air.
“The move is to stimulate the replacement of high-pollution industries with environmentally friendly economies,” the official Xinhua news agency cited the Finance Bureau of Beijing as saying.
“Companies such as small cement and paper producers will be on the top of our list,” the department said.
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