|
BIZCHINA> Top Biz News
![]() |
|
China reports record daily power generation in early June
(Xinhua)
Updated: 2009-06-16 14:22 China's daily power generation topped 9.76 billion kWh in the first ten days of June, the highest so far this year, the China National Power Dispatching and Communication Center said Tuesday. Although the figure was down 0.17 percent over the same period last year, the decline was less than the previous month. Power generation dropped 3.5 percent in May over the same period last year. Market analysts attributed the increase of the figure mainly to a recovery in the country's heavy industry -- including cement, steel and iron, and coal.
"Fast development and surging outputs of heavy industries in May further indicated a recovery of the country's economy, and the momentum continues in June," said Yang Fan, an analyst with the CITIC Securities. Zhu Baoliang, an economist with State Information Center, said the country's heavy industries were expected to use more power in the following months as the country's economic stimulus began to take effect. Power generation, a key indicator of a country's economic health, began to decline from late 2008, indicating a slowdown in the economy. In November, power generation dropped 9.6 percent year-on-year, the biggest fall in a decade. (For more biz stories, please visit Industries)
|
|||||
邵东县| 汉中市| 五原县| 桐乡市| 满洲里市| 图木舒克市| 石楼县| 洛扎县| 普兰县| 五莲县| 镇沅| 泸溪县| 文安县| 叙永县| 桦川县| 大关县| 交口县| 安乡县| 伊吾县| 永修县| 定结县| 安陆市| 丹凤县| 东乌珠穆沁旗| 安多县| 太仆寺旗| 英山县| 呈贡县| 哈巴河县| 定南县| 北海市| 黄龙县| 平乡县| 安泽县| 婺源县| 佛山市| 思茅市| 琼结县| 乌恰县| 广宗县| 大港区|