China may fail to meet its target
for more efficient use of energy this
year, state press said Saturday quoting
the head of the country's main economic
planning body.
Ma Kai, director of the National
Development and Reform Commission,
said the government would find it
hard to achieve its goal of reducing
energy consumption per unit of gross
domestic product by four percent annually,
the English-language China Daily reported.
The target is part of China's 11th
five-year plan (2006-2110) which was
adopted in March. In fact, energy
consumption had increased by 0.8 percent
during the first half of the year,
Ma said Friday during a session of
the standing committee of the National
Assembly, China's parliament.
He stressed that urban investment
had risen 31 percent during the first
seven months, particularly in the
main energy-hungry sectors such as
steel production, non-ferrous metals,
chemicals and construction materials.
Ma said these industries would have
to pay more for the electricity they
consume and that a thousand enterprises
would have to invest in equipment
to improve their energy efficiency.
He also called for local authorities
to have greater respect for environmental
standards. "Environmental protection
will be a major issue in approving
new projects this year," Ma was
quoted as saying by the paper.
For his part, standing committee
vice-chairman Li Tieying warned that
energy shortages were the biggest
threat to China's economic security
and sustainable development, the official
Xinhua news agency said.
According to Li, China has 80 years
of coal reserves, 15 years of crude
oil and 30 years of natural gas, compared
with the global averages of 230, 45
and 61 years, respectively, it said. |