China’s energy efficiency is quite low. The energy consumed to produce US$ 100 million worth of products is ten times that of Japan’s. As Japan’s current GDP is about 2.8 times that of China’s, if China’s energy infrastructure is not changed and its energy efficiency is not improved, China must consume three times more energy in order to surpass Japan’s GDP.
What’s the possibility of this? As a matter of fact, it is a daunting question, isn’t it? Presently, China consumes 30 percent of the world’s energy, but it produces only 4 percent of the global GDP. According to the prediction made by Newsweek magazine, China’s GDP may triple in the next ten years. That being the case, the energy to be consumed by China will have to increase three fold. In other words, 100% of the current level of global energy production will be consumed by China, which is absolutely impossible. So obviously China’s economic efficiency is very low, and China’s economic development should no longer rely on a low level manufacturing approach. As a matter of fact, China should develop itself into a “green China” to conserve its ecology, as opposed to making it a “black China” with high energy-consumption and low efficiency.
The side effect of the so-called “Twenty consecutive years of high GDP growth” is the great damage done to the foundation of Chinese society’s sustainable development.
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