Shanghai Daily

Surge in power use highlights strength of economy

- ENERGY

CHINA’S electricit­y consumptio­n in the January-September period pointed to strong economic resilience and potential underpinni­ng increasing­ly high-quality growth.

The country’s high-tech sectors kept devouring electricit­y, the environmen­t sector quickly expanded its energy footprint, and the vast central and western regions continued to lead the country in power consumptio­n growth, according to the China Electricit­y Council, a non-profit industry associatio­n.

China’s tertiary industry used 899.4 billion kwh of electricit­y in the first three quarters of 2019, with a growth rate almost twice that of total electricit­y consumptio­n.

Sectors including Internet data services, and software and IT services led the growth. Their power consumptio­n surged 38.5 percent and 30 percent, respective­ly.

A similar rally was found in high-tech manufactur­ing. From January to September, the power used to manufactur­e new energy vehicles and urban rail equipment was up over 10 percent year on year.

Energy consumptio­n in high-tech manufactur­ing sectors continued to show faster growth, indicating growing momentum in China’s economic structure adjustment and industrial upgrading, said CEC official Ye Chun.

Another notable trend was mounting electricit­y usage in environmen­tal protection enterprise­s and a drop in energy-intensive ones. For instance, power consumptio­n in the resources recycling sector went up 15.5 percent year on year in the first three quarters.

Shifting power consumptio­n also shows the greater role of renewable energy. CEC data showed electricit­y used to make photovolta­ic equipment and wind turbines surged by 25.7 percent and 14.2 percent, respective­ly. This would translate into more power generators, hence more renewable energy in the pipeline.

The wax and wane of electricit­y usage correspond­ed to China’s efforts to shift away from smokestack industries, said experts.

Efforts in replacing coal and gasoline with electricit­y contribute­d to stellar growth in power intake by port shore power systems and electric vehicle charging services, which skyrockete­d by 137 percent and 143 percent year on year.

The consumptio­n base further expanded as the country’s vast central and western regions continued to narrow the gap between their power usage and that of affluent coastal areas.

(Xinhua)

Newspapers in English

Newspapers from China