CHINA DAILY -- Although China is moving forward on the road to energy conservation, it still has a long journey ahead if it is to hit its five-year goal of reducing energy consumption and waste by 20 percent. In 2007 China consumed 1.16 tons of coal equivalent when it produced 10,000 yuan of GDP, a 3.66 percent year-on-year decrease, far below the target annual level of 8 percent set in 2005. Read More