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China to spend over 2.3bn dollars over next decade to conserve forest area.
Text of report in English by official Chinese news agency Xinhua (New China News Agency)
Changchun, 29 July: China will spend 14.56 billion yuan (2.33 billion U.S. dollars) in the next decade for the forest protection of a natural reserve in northeast Jilin Province, local authorities said.
The fund was earmarked to the Changbai Mount Natural Reserve, which borders the Democratic People's Republic of Korea, based on a national natural forest conservation program.
Wang Shouchen, deputy governor of the province, said by the end of last year logging in the reserve had been reduced by 18.84 million cubic meters, and the forest acreage had increased 3.8 percent …
