China Investment Advisory Network News The China National Bureau of Statistics announced on September 11 that China’s electricity production in August increased by 12.6% from the same period last year to 390.3 billion.
In the first eight months of this year, the total electricity production reached 2.74 trillion yuan, an increase of 17.2% over the same period of last year, reflecting the significant industrial activity after China's 4 trillion yuan economic stimulus plan was put into the construction of high energy-consuming infrastructure. Improved situation.
However, due to China's recent regulatory policies began to play its role. The growth in electricity demand has also slowed.
China Shenhua Energy Co., China’s largest-listed coal producer, warned last month that China’s energy-saving emission reduction policy this year may lead to slower power demand in the second half of the year. Two-thirds of the energy consumption of the hot coal-burning countries.
At present, some local governments have adopted barriers and power cuts for factories, cities, and residents, and even street lighting to achieve the goal of government energy conservation and emission reduction. The Chinese government plans to reduce the proportion of energy consumed per unit of gross domestic product by 20% during 2006-2010.
However, in the near future, the Anping County Government of Hebei Province restricted the use of electricity by the National Development and Reform Commission, and said that the approach to achieve energy-saving and emission reduction targets in such a way would not be tolerated.