mechanism for value realization of ecological products
Yangtze River Protection Law, passed at the 24th Standing Committee session of the 13th National People’s Congress, will take effect on March 1, 2021. The law is formulated to strengthen the protection and restoration of the ecological environment in the Yangtze River basin, facilitate the effective and rational use of resources, safeguard ecological security, ensure harmony between human and nature, and achieve the sustainable development of the Chinese nation.
The restoration of the ecological environment of the Yangtze River should be a major priority. The establishment of mechanism for value realization of ecological products should be accelerated whereby protection and restoration of the ecological environment shall be reasonably rewarded, while those responsible for the ecological environment destruction shall pay their due price.