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Chinese electricity use dims in October
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CHINA’S electricity consumption, a key barometer of economic activity, dimmed 0.2 percent to 449.1 billion kilowatt-hours in October, official data showed yesterday.
In the first 10 months, power use rose 0.7 percent from a year earlier to 4.58 trillion kWh, according to data released by the National Energy Administration.
Electricity use in October was mainly dragged down by a continued drop in power consumption by the metallurgical and building material industries.
China’s value-added industrial output of the electricity, heating, gas and water sectors lost 0.3 percent in October, while September saw 0.7 percent growth.
Electricity use in services rose 7.1 percent in the first 10 months while the agricultural sector saw a 3 percent gain and use by the industrial sector fell 1.1 percent from a year earlier, the NEA said.
The different rates reflect positive changes in China’s economic structure, as power use by the service sector looks set to beat the industrial sector.
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