China's industrial electricity consumption rebounded slightly in October

The Electricity Regulatory Commission recently announced the monitoring report on the operation of the power industry in October. In October, the total electricity consumption of the whole society was 399.8 billion kWh, a year-on-year increase of 6.05%. The growth rate of electricity consumption in the whole society rebounded, but the electricity consumption of the four high-energy-consuming industries remained sluggish. In October, the growth rate of electricity consumption in the eastern and central regions increased, and the trend of economic stabilization and recovery was more obvious. The growth rate of light industrial electricity continues to be higher than that of heavy industry. The four high-energy industries still have low electricity consumption. In October 2012, the national industrial electricity consumption was 295.66 billion kWh, a year-on-year increase of 5.89%, the highest growth rate of electricity consumption in the month since this year. Among them, heavy industry electricity consumption was 245.13 billion kWh, an increase of 5.81% year-on-year, and the growth rate increased by 5.9 percentage points compared with the previous month; light industry electricity consumption increased by 6.28%, and the growth rate started from May, and continued to be higher than the industrial electricity growth rate. In October, the growth rate of electricity consumption in the whole society rebounded, and the change has continued to decline since March. The electricity consumption of chemical, building materials, black and non-ferrous energy industries was 131.98 billion kWh, a year-on-year increase of 1.27%, and the growth rate decreased by 14.71 percentage points over the same period of the previous year. Among them, building materials and black industry electricity consumption is still sluggish, the growth rate in October was 1.34% and -6.85% respectively; the chemical industry's electricity consumption growth rate in October was 6.74%, down 2.35 percentage points from the previous month; nonferrous industry used in October The rate of increase in electricity has increased significantly. In October, the growth rate of electricity consumption in the eastern and central regions rose back to October. The electricity consumption in the eastern region was 207.3 billion kWh (accounting for 51.9% of the total electricity consumption in the whole society), up 4.56% year-on-year. The growth rate was 2.89 percentage points higher than that of the previous month. The downward trend. The central region used 86.7 billion kWh (21.7%), up 2.36% year-on-year, and the growth rate was 2.29 percentage points lower than the previous month. 105.8 billion kwh of electricity in western region (26.5%), an increase of 9.37 percent, 1.01 percentage points lower from the previous month growth rate of the economic rebound is still more obvious in the first place, following steady growth in the third quarter, especially in September Since China’s economic operation has shown signs of stabilization in some areas, in October, this moderate recovery has further developed. Data growth in industrial production, fixed asset investment, market consumption, and exports has rebounded significantly. Corporate profits have improved and inflation remains. At a lower level. In general, the indicators for good growth have increased significantly, and the level of improvement has been continuously strengthened, and the foundation for good has been steadily stabilized. From the changes in the indicators such as PMI, new investment, enterprise inventory and money supply in October, the overall situation shows a good trend. However, the raw material inventory index was 47.3%, which was still below the critical point, indicating that the company's destocking process is still in progress. At the same time, imports remained sluggish in October, rising only 2.4%. From the point of view of electricity consumption, this year, the growth rate of manufacturing electricity consumption reflecting the real economy is still at a low level. Although the growth rate in October has rebounded from August and September, the rebound rate is small.

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