China's economic recovery is expected to drive a 6% increase in electricity consumption this year, according to a recent forecast by the China Electricity Council.
Experts say electricity consumption can be a key barometer of economic activity by reflecting the production and economic performance of companies.
According to Jiang Debin, deputy director of CEC's Statistics and Data Department, electricity consumption in the primary industries is expected to maintain rapid growth this year, while the growth in the secondary industries will gradually pick up.
The gradual recovery of the real estate market will promote the recovery of electricity consumption in industries such as steel and building materials, Jiang continued.
In addition, driven by production and investment in high-tech manufacturing and high-tech service industries, electricity consumption in related industries will continue to grow rapidly.
"Electricity consumption in sectors such as accommodation, catering, transportation and tourism will be an important driving force for the recovery of electricity consumption in the tertiary sectors this year," Jiang said.
As electricity consumption is likely to increase this year, the CEC has proposed a series of measures to ensure energy supply, including improving coal supply capacity, reducing the cost of coal-fired power generation, and accelerating the planning, investment and construction of power grids.
(Writing by Alex Guo Editing by Harry Huo)
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