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. [Full Text]