China is drafting a soil protection law after an eight-year nationwide survey showed high levels of contamination, Beijing Times reported Monday.
The report did not say when the legislation will come on stream.
About 16.1 percent of the country’s soil is contaminated including 19.4 percent of arable land, the survey by the Ministry of Environmental Protection released in April shows.
The government may have to spend dozens of trillions of yuan to solve the problem.
China has a relatively small soil remediation market but it is expected to rapidly grow as the government ramps up conservation efforts, the report said, citing Zhuang Guotai, director of the MEP ecological department.
The market is expected to hit 40 billion yuan (US$6.5 billion) in 2015 and 200 billion yuan in 2025, Zhang Yi, head of the Shanghai Environmental Sanitation Engineering Design Institute was quoted as saying in June.
At present, the government funds all soil remediation projects but private investors are expected to come in once concrete regulations and standards are in place, the report said.
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