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China's power generation in July continues to rise

(Xinhua)
Updated: 2009-07-21 16:43

China's power generation in the first 10-day period of July rose by 3 percent year-on-year, continuing the rebound in June, according to the power dispatch center of State Grid Corporation of China (SGCC).

Power consumption and generation resumed growth in June, putting an end to eight consecutive months of decline since last October.

Special Coverage: China Biz & Economic Statistics Related readings:  Power generation may see growth in third quarter  China's power generation may rise in June after 8-month slump  China's June power consumption up 3.79%  China's power generation drops 3.5% in May

Power consumption in June rose by 4.3 percent year-on-year, compared with a 2.57-percent fall in May, said China Electricity Council (CEC).

Power generation saw a year-on-year increase of 5.2 percent, compared to a 3.55-percent decline in May, according to National Bureau of Statistics.

Analysts said the June rebound was partly a result of increased industrial activity, especially in the secondary and the tertiary sectors, while high temperatures in late June also boosted consumption.

In spite of possible ensuing fluctuation, China's power consumption is expected to rise by around 3 percent this year, said Hu Zhaoguang, deputy head of Beijing Economic and Technological Research Institute of the SGCC, citing China Securities News.