Home / Business / Energy Tools: Save | Print | E-mail | Most Read | Comment
China's daily power generation increases 8.5% in mid-July
Adjust font size:

China's daily power generation in the second 10-day period rose 8.5 percent year on year, an big increase over the first ten days of the month, according to the latest figures from the power dispatch center of State Grid Corporation of China on Thursday.

The growth rate was three percent from a year ago in the first 10 days of July.

Wang Wei, analyst at the Guotai Junan Securities, attribute the big growth mainly to high temperature in the southern region and areas along the Yangtze River.

For example, Shanghai saw a rebound of power generation of 2.1 percent from a year earlier in mid-July from the 19.1 percent decline in the first ten days. Power generation in Zhejiang Province climbed 9.8 percent in the the day period from the 8.3 percent drop in the first ten days.

Analysts said growth of power generation would gradually become stable and continue to rise till the end of this year, boosted by the ongoing recovery of industrial production.

Power consumption and generation resumed growth in June, putting an end to eight consecutive months of decline since last October.

(Xinhua News Agency July 24, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Comment
Pet Name
Anonymous
China Archives
Related >>
- China's power generation in July continues to rise
- Power generation may see growth in third quarter
- China's power generation rises 3.59% in June
- China's power generation dropped 3.5% in May
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

September 8-12 Xiamen China Int'l Fair for Investment and Trade
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?