The launching ceremony of the "Opportunities for the Clean Development Mechanism (CDM) in the Energy Sector" project was jointly held by the Chinese Ministry of Science and Technology, and the Asian Development Bank.

According to experts, the CDM project, under the sponsorship of the bank, is aimed at analyzing opportunities for the CDM project in China's energy sector, putting forward strategies and actions on promoting the CDM, and working out a set of technical guides inline with China's circumstances.

Jia Jingdun, an official with the science ministry, said this project will involve a case study of small CDM projects in areas of renewable resources and energy efficiency in China's Gansu Province and Guangxi Zhuang Autonomous Region.

The CDM is said to be an international cooperating mechanism for reducing the greenhouse effect under the "Kyoto Protocol."

It has been revealed that China is carrying out a series of research and training activities, including cooperation with international organs and developed countries, to help improve the country's capability in implementing the CDM project.

(Xinhua News Agency October 14, 2002)