China Policy Journal Volume 1, Number 1, Fall 2018 | Page 121

China Policy Journal The first Green Watch ratings were disclosed through the media in 1999. The program was extended from Zhenjiang to all of Jiangsu Province in 2001, and to eight other provinces during 2003-2005. Nationwide implementation of the Green Watch rating has been promoted since 2005. Overall, the evidence suggests a positive impact for the program, at least in the beginning years. Table 1-1 shows that in Zhenjiang, the percentage of firms with positive ratings (green, blue, and yellow) increased from 75% in 1999 to 85% in 2000. The most significant changes were in the extremely noncompliant black group, whose percentage dropped from 11% in 1999 to 2% in 2000, and a major shift from the partially compliant yellow group (44%–22%) to the fully compliant blue group (27%–61%). Evidence for the Green Watch program in Jiangsu Province indicated both increasing participation by firms and improvement in their compliance rates. As shown in Table 1-1, the number of rated firms increased more than 10-fold, from 1,059 in 2001 to 11,215 in 2006; and the percentage of firms with positive ratings (green, blue, and yellow) increased from 83% in 2001 to 90% in 2006. Furthermore, Table 1-1 suggests that Green Watch ratings pro- Table 1-1. Firms’ Environmental Performance Ratings by the First Green Watch Program in Jiangsu Province in the First Eight Years (% Representation in Parentheses) Pilot program in Zhenjiang City Year Green Blue Yellow Red Black Total 1999 3 (3.30) 25 (27.47) 40 (43.96) 13 (14.29) 10 (10.99) 91 2000 2 (2.10) 58 (61.05) 21 (22.11) 12 (12.63) 2 (2.10) 95 Province-wide 2001 77 program (7.27) 512 (48.35) 288 (27.20) 141 (13.31) 41 (3.87) 1,059 2002 182 (7.26) 1,196 (47.69) 655 (26.12) 398 (15.87) 77 (3.07) 2,508 2003 267 (8.69) 1,545 (50.26) 789 (25.67) 367 (11.94) 106 (3.44) 3,074 2004 329 (6.46) 2,659 (52.20) 1,467 (28.80) 525 (10.31) 114 (2.24) 5,094 2005 530 (6.62) 4,016 (50.17) 2,614 (32.65) 702 (8.77) 143 (1.79) 8,005 2006 702 (6.26) 5,414 (48.27) 3,944 (35.17) 1,000 (8.92) 155 (1.38) 11,215 Sources: Pilot program in Zhenjiang: Wang et al. (2004). Province-wide program: the Legislative Affairs Office of the China State Council (2007) (http://www.chinalaw.gov.cn/article/dfxx/dffzxx/ js/200706/20070600021431.shtml; last accessed on May 19, 2009). 118