China to cut 40 percent emission by 2015

Beijing -  China is planning to cut emissions by 30 to 40 percent by 2015.

The latest target is part of the government's 12th five-year plan (2010-2015).

Stricter rules and investments are envisaged to curb emissions, People's Daily reported quoting the cabinet Wednesday.

The cabinet outlined seven indicators, including ammonia nitrogen and nitric oxide, to monitor pollution.

The plan calls for reduction of ammonia nitrogen and nitric oxide emissions by 10 percent by 2015, while chemical oxygen demand and sulfur dioxide emissions by 8 percent.

It also calls for 3.4 trillion yuan (nearly $540 billion) in environment protection.