国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Manufacturing, services power up electricity consumption in 2018

By Zheng Xin | China Daily | Updated: 2019-01-31 09:41
Share
Share - WeChat
Emergency repairmen from a power supply company in Chuzhou, Anhui province, rush to repair damaged facilities in heavy snow on Tuesday. [Photo by Song Weixin/for China Daily]

Electricity consumption in China, a key indicator of economic activity, reached 6.84 trillion kilowatt-hours in 2018, an increase of 8.5 percent year-on-year, according to the China Electricity Council.

Electricity consumption hit a six-year high since 2012, with a year-on-year growth of 1.9 percent. This is against the backdrop that China's year-on-year GDP growth reached 6.6 percent in 2018, according to the National Bureau of Statistics.

Yu Chongde, vice-president of the China Electricity Council, said the rapid growth rate is due to the strong growth of power consumption in China's manufacturing industry and service sector, while China's ongoing campaign to switch from coal to electricity, part of the country's efforts to clean up pollution, also contributed to the rapid growth of power use.

Growth in electricity consumption is usually considered a barometer of economic development, monitoring the trend and trajectory of a nation's economic activity.

Feng Yongsheng, a researcher at the Chinese Academy of Social Sciences, said the power consumption rise rate last year well reflected economic growth. The power growth rebound shows that the policies to support the real economy, including the tax reduction, regulatory reform and structural adjustment policies, have been effective.

Growth of the real economy, especially the industrial sector, led to a power use rebound last year, while providing sustainable momentum for economic development, he said.

The industrial sector's power consumption rose 7.2 percent year-on-year to 4.72 trillion kilowatt-hours last year, with power use in high-tech and equipment manufacturing climbing 9.5 percent from the previous year, according to the China Electricity Council.

The service sector, on the other hand, consumed 1.08 trillion kilowatt-hours last year, 12.7 percent up compared with the previous year. Electricity used by information transmission, software and information technology services continued the rising trend in recent years, surging 23.5 percent year-on-year, it said.

"Electricity demand, resulting from the country's energy transition from coal to electricity for winter heating, reached 150 billion kilowatt-hours last year, accounting for 25 percent of power use growth," Yu said.

The CEC forecast that the growth rate of China's power consumption will fall to around 5.5 percent in 2019 based on normal annual precipitation and no large-scale and drastic temperature changes.

According to Feng, the power consumption growth rate might be slightly higher than the economic growth rate this year, underpinned by deepening supply-side reform in the power sector, and the increasing power demand arising from supportive macro policies.

"Despite the uncertainties that affect China's economic growth, supportive policies including tax cuts, State-owned enterprise reform and policies bolstering the private sector will provide long-term momentum for the economy, and we expect GDP as well as power consumption this year will continuously retain medium-to-high speed growth," he said.

Zhou Lanxu contributed to this story.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
辽源市| 四会市| 翁源县| 上饶县| 呼和浩特市| 中阳县| 丰顺县| 清河县| 慈利县| 武清区| 平阴县| 正安县| 大连市| 广饶县| 鹤庆县| 繁峙县| 泰宁县| 方城县| 两当县| 盱眙县| 潍坊市| 花垣县| 千阳县| 宁蒗| 闻喜县| 东至县| 鄱阳县| 黎平县| 绥江县| 西和县| 庆城县| 视频| 南皮县| 东光县| 容城县| 河西区| 南通市| 邵阳市| 遂宁市| 尼木县| 嘉义县|