China’s vice-minister of the National Development and Reform Commission (NDRC), Xie Zhenhua, said on July 29, on that matter of carbon capture and storage (CCS), that only if the issues on financing, technology transfer, intellectually property issues, and international support can be resolved, than China would consider the implementation of CCS, a critical measure in reducing carbon dioxide emissions. China is currently considering various CCS projects and carbon capture, use, and storage pilot projects (CCUS). There are 15 CCS, CCUS, and other pilot projects currently under development. The Asian Development Bank and the Global CCS Institute are considering a $5 billion fund to assist CCS projects in developing countries; however, they are currently waiting to hear from other interested parties to join. NRDC will soon unveil plans on how the country intends to reach its goal of reducing Carbon emissions by 17 percent compared to 2005 levels by 2015. A draft plan completed earlier this year cited that more developed areas in the eastern region would have goals to reduce carbon intensity up to 18 percent, while undeveloped areas, mainly in the western half of the country, would reduce intensity only up to 10 percent.