Path: Sino-US >> Latest News >>
China to transfer right of developing uninhabited islands to entities, individuals

Photo: Life Times

The State Oceanic Administration (SOA) of China on Friday issued a statement on its website, saying the country will be transferring the right of developing uninhabited islands to entities or individuals from 2019.

"A system featuring environmental protection, clear rights and responsibilities and economic benefits should be set up by 2020," the statement said.

"Entities and individuals need to give priority to environmental protection while developing the uninhabited islands for economic benefit.

"The policy will be implemented first in east China's Zhejiang Province and south China's Guangdong Province," it added.

Related Stories
Share this page
Touched Sympathetic Bored Angry Amused Sad Happy No comment
Column Map

Pentagon defends US warships in the Taiwan Strait, shrugs at China’s outcryTesla raises prices in China by 20pc, adding US$21,000 to the cost of a Model S after Beijing rolls out counter tariffsChina's BYD increasing battery production capacity amid policy pushChina ‘green lights’ proposal to allow foreign individual investors to trade A shares through domestic brokeragesChina toning down its bombasts in heat of trade war‘I can hear my daughter screaming’: Family of Thai boat disaster victims reveals chilling videoAnalysts upbeat about China riding out trade war with USUS could slap additional tariffs on China in AugustTrade war between US, China formally kicks off after US tariffs go into effectBaidu begins mass production of self-driving minibus
< Prev Next >