Overview: Economic Indicator on the Rise
China’s power consumption, a crucial indicator of economic activity, demonstrated a robust growth of 6.7% year-on-year in 2023, as per official data released by the National Energy Administration.
Impressive Figures: 9.22 Trillion Kilowatt-hours
The total power usage surged to an impressive 9.22 trillion kilowatt-hours last year, reflecting the nation’s increasing demand for electricity.
Sector-wise Breakdown: Varied Growth Rates
Primary Industries: Power consumption in primary industries marked a notable increase of 11.5% year-on-year.
Secondary and Tertiary Sectors: Both the secondary and tertiary sectors witnessed growth, with increases of 6.5% and 12.2%, respectively.
Residential Consumption: Steady Rise
Residential power usage experienced a modest uptick, registering a 0.9% increase, totaling 1.35 trillion kilowatt-hours, according to the administration’s report.
China’s escalating power consumption across sectors underlines the nation’s economic vigor and sustained growth.
Source：chinadaily.com.cn
