Impacts of China`s Economic Growth on Environmental and Social Issues

Introduction
When considering the historical background of China`s economic growth, trade-off between environmental protection and sustaining economic growth. Both the opening of free ports during 1978 industrialization process and the impact of 1997 Asian crisis, encouraged the heavy industry and urbanization. “Grow first, clean up later” approach have brought China into a vicious circle: Growth vs. Environmental Damage.
To be able measure the value of environmental loss exactly is almost impossible. The positive impacts of growth should be isolated to calculate the actual loss.