(Introduction: Under the new normal, water management, air pollution control, and soil remediation will become emerging industries. As the following report shows, future investments in these fields are poised to grow significantly.)

　Xinhua News Agency, March 17 The State Council authorized the release of the “Report on the Implementation of the Central and Local Budgets for 2014 and the Draft Central and Local Budgets for 2015” (hereinafter referred to as the “Budget Report”).

　　The Budget Report clearly states that this year, the scope of pilot programs for remediating and restoring farmland contaminated by heavy metals and for comprehensive management of groundwater over-extraction will be expanded. It will also support deep loosening and land preparation, conservation tillage, and returning straw to the fields to restore and enhance soil fertility. Investment in integrated agricultural development will be increased, and the construction of high-standard farmland will be vigorously promoted. Furthermore, support will be provided for steadily advancing pilot programs for confirming, registering, and certifying rural land contract management rights.

　　The Budget Report clearly states that this year, we will continue to implement an active fiscal policy and appropriately intensify its efforts. To maintain a certain scale of government investment and effectively play a guiding role, we have allocated 477.6 billion yuan for central infrastructure investment this year, an increase of 20 billion yuan over last year. 100 million yuan, with adjustments and optimizations made to the allocation direction, primarily for major national projects.

　　The Budget Report also pointed out that the comprehensive plan for deepening the reform of the fiscal and tax system will be implemented, including organizing and carrying out the reform of taxes and fees on coal resources, as well as formulating reform plans for resource taxes and fees on other items besides crude oil, natural gas, and coal.

　　The "Budget Report" shows that this year, central government expenditures at the central level amount to 2.5012 trillion yuan, of which planned expenditures for resource exploration, information, and related areas are set at 29.684 billion yuan. 100 million yuan.