China electricity use down in April
Monday, 18 May 2009
SHANGHAI, May 17 (AFP): China's electricity consumption fell 3.6 per cent year on year in April, a larger drop than in March, the latest sign an economic recovery has yet to take hold, state media reported Sunday.
The industrial sector consumes about 70 per cent of the power in China, according to the report by the official Xinhua news agency, and the decline is inconsistent with data indicating industrial activity has been expanding.
Power consumption was down 2.0 per cent year on year in March, the report said, citing figures from the China Electricity Council.
Industrial output -- a main gauge of activity in plants across China -- rose 7.3 per cent last month from a year earlier, the National Bureau of Statistics said last week, down from 8.3 per cent growth in March.
The industrial sector consumes about 70 per cent of the power in China, according to the report by the official Xinhua news agency, and the decline is inconsistent with data indicating industrial activity has been expanding.
Power consumption was down 2.0 per cent year on year in March, the report said, citing figures from the China Electricity Council.
Industrial output -- a main gauge of activity in plants across China -- rose 7.3 per cent last month from a year earlier, the National Bureau of Statistics said last week, down from 8.3 per cent growth in March.