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Panel Detail:
Tuesday, April 25, 2006
3:35 PM - 4:50 PM
China and the Environment: The Real Cost of Growth
Speakers:
Nathan Nankivell,
Senior Researcher, Office of the Special Advisor at Joint Task Force Pacific Headquarters, Canada
Shelly Singhal,
Chairman and CEO, SBI Group
Paul Smith,
Associate Professor, Asia-Pacific Center for Securities Studies, U.S. Department of Defense
Perry Wong,
Senior Research Economist, Milken Institute
Moderator:
Graham Earnshaw, Editor-in-Chief, Xinhua Finance News
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Perry Wong, right, discusses the panel's main issue: how can China sustain its high growth without incurring high environmental costs? Nathan Nankivell is at left.
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In 2005, China's GDP continued to grow at above 9 percent for the ninth year in a row. It is the world's growth engine, a major exporter and a big importer of oil, steel, cement and copper. But with this growth comes environmental problems caused by rampant urbanization, over-cultivation, low energy efficiency and the lack of relevant laws and regulations. How China deals with these issues will have a substantial impact on the rest of the planet. What measures can China take to use of energy and other un-renewable resources more efficiently? What can it do to balance out economic growth with environment protection? Is there a way for it to sustain its high growth without incurring high environmental costs?
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