Free Trial

Recovery Lifts China Aug Electricity Use: Daily

CHINA PRESS

China's Jan-Aug electricity consumption rose 0.5% y/y to 4.7676 trillion kWh, the first positive growth for accumulated usage this year, on the back of the stable economic recovery and higher summer temperatures, the People's Daily reported citing official data and Ye Chun, a director from the China Electricity Council. Total usage in August rose 7.7% to 724 billion kWh, while the manufacturing sector's consumption was up 9.7% to 351 billion kWh, an increase of 7.4 percentage points from last August, the newspaper reported.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.