How cleaning up China's environment can also be good for its economy

Deborah Lehr says the ambitious environmental agenda in its 13th five-year plan will require massive spending, providing opportunities for companies and a major economic fillip

By Deborah Lehr as featured on South China Morning Post

China's 13th five-year plan, due for release in 2016, will reportedly include the most ambitious environmental reform agenda attempted in history. A study by Goldman Sachs predicts that, as a result, the Chinese environmental market could be a multibillion-dollar opportunity.

As pollution in China reaches crisis proportions, leading to a drag on the economy and a rise in social unrest, the government is taking bold steps to remedy the "airpocalypse" situation through a full-scale "war on pollution". One of the biggest challenges, however, will be the ability to finance this green revolution.