China: Annual electricity consumption increased by 3.1%

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THE electricity consumption in China recorded small reduction, maintaining a steady growth trend in November and proving the continuation of the growth course, in the wider sector of the economy.

Electricity consumption recorded an annual increase of 3.1% from the previous year, to 671.8 billion kWh last month, with the annual average increase at the level of two years being recorded at 6.6%, as announced yesterday, the National Agency Energy Management (NEA).

“The country’s economy maintains a steady recovery and the use of energy throughout society continues to grow,” the NEA statement said.

In November, electricity consumption in the primary and secondary industrial sectors recorded an annual increase of 14% and 0.8% respectively, while energy consumption in the tertiary industrial sector increased by 8.7%.

Household energy consumption recorded an annual increase of 9.5% in the previous month.

For the period January-November, electricity consumption recorded an annual increase of 11.4% to 7.5 trillion kWh.

The Chinese economy maintained its upward trend, despite the downward pressures, with the increase of retail sales, the increase of industrial production, but also the positive course of fixed assets, as well as the downward course of the unemployment rate, according to the data. released on Wednesday by the National Bureau of Statistics of China (NBS).

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