1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Slowdown seen in Jan-Feb power consumption growth

      2013-03-15 11:19 Global Times     Web Editor: qindexing comment

      China's consumption of electricity, an important barometer of economic activity, saw a slowdown in growth during the first two months of this year, raising concerns over a possible downturn in the world's second largest economy.

      According to statistics released Thursday by the National Energy Administration, China's consumption of electricity in January and February reached 789.2 billion kilowatt-hours, an increase of 5.5 percent over a year earlier.

      In comparison, the growth rate was 6.7 percent for the same period in 2012 and 12.3 percent in 2011.

      "Such a growth figure demonstrates that our economic situation is weak at the moment," Lin Boqiang, director of the Center for Energy Economics Research at Xiamen University, told the Global Times Thursday.

      But Lin also noted that relatively warm weather in recent weeks may have contributed to the slower growth in power consumption.

      "China's power consumption and economic growth are linked. If the latter is higher than the former, it usually signals worsening economic conditions," said Lin.

      China saw its economic growth slow to a 13-year low of 7.8 percent last year, down from 9.2 percent in 2011 and 10.3 percent in 2010.

      However, Li Ying, chief economist of the State Grid Energy Research Institute, told the Global Times Thursday that there is a silver lining to the slowdown in electricity consumption, as the figures reflect a necessary economic structural adjustment.

      During the first two months, the services sector consumed 13.8 percent more electricity than a year earlier, and the industrial sector just 3.9 percent more, Li noted.

      "Such marginal power consumption growth for China's industrial sector, which has long been suffering from the problem of overproduction, shows that the sector has reduced its capacity," said Li.

      Furthermore, fast development of the services sector will be beneficial for China's growth in the long run, as it is more environmentally friendly, Li noted.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 亚洲AV永久无码精品成人| 亚洲国产午夜福利在线播放| 久久久久久久久亚洲| 牛牛在线精品观看免费正| 免费人成网站7777视频| 国产精品亚洲二区在线| 免费观看国产小粉嫩喷水| 丰满亚洲大尺度无码无码专线| 成人免费视频88| 国产精品亚洲专区无码WEB| 日韩免费高清视频| 麻豆va在线精品免费播放| 亚洲国产一级在线观看| 在线观看人成视频免费无遮挡| 亚洲狠狠婷婷综合久久久久| 久久精品国产免费一区| 亚洲图片在线观看| 国产1000部成人免费视频| 男人天堂2018亚洲男人天堂| 特级做A爰片毛片免费69| 蜜芽亚洲av无码一区二区三区| 四虎影视永久免费观看| 男女一边桶一边摸一边脱视频免费 | 91老湿机福利免费体验| 亚洲精品国产成人| 午夜dj免费在线观看| 亚洲视频在线免费| 久久亚洲精品中文字幕无码| 欧洲乱码伦视频免费| 久久水蜜桃亚洲AV无码精品| 久久精品国产亚洲精品| 91青青青国产在观免费影视| 亚洲AV男人的天堂在线观看| 亚洲国产电影av在线网址| 日韩插啊免费视频在线观看| 亚洲成AV人片高潮喷水| 亚洲中文字幕无码一区| 精品无码免费专区毛片| 免费一级特黄特色大片| 亚洲图片在线观看| 亚洲精品成a人在线观看|