Source: CCTV.com

06-22-2007 15:52

China's top planning body has released figures showing rapid growth so far this year in several high-energy consuming and polluting industries.

Statistics show more-than-20-percent growth rates for steel, construction materials, non-ferrous metal and chemical industries, from January to May of this year. And investment in the cement industries has spiked by a dramatic 54 percent. Steel exports, generally discouraged by the government, have risen by as much as 116 percent.

Zhang Yansheng, director of Foreign Economy Institute, NDRC said: "It really puts more pressure on our environment, natural resources and energy. Our GDP does not include the full environmental compensation cost. The economy cannot reach sustainable growth at such a high speed."