Monday, July 16, 2012

Social power consumption by less than 5% in June 4 provinces ...

["finance and economics" (Blog,Micro-blogComprehensive report])According to the economic information daily news, June the whole society electricity consumption increase of slightly more than 4%, less than 5%, relatively May somewhat fall after a rise.The expert thinks, consumption data trend and economy overall trend basic maintain synchronization. Combined with the 13 National DayBureau of StatisticsPublished data, the economy in the two quarter still continue to rebound in the second half, to ensure that needs policy continued to force.Although the countryBureau of energyHas not officially announced in June electricity consumption data, but from the situation, in June the total electricity consumption of year-on-year growth rate of slightly more than 4%, 5.2% lower than in May, electricity consumption growth rate in May suddenly to rebound after the fall.?Since 2005, except for the most serious financial crisis in 2009, in June this year, electricity consumption growth rate is the lowest. From the monthly, 2012 April, June electricity consumption growth rate is low.? Electric Power Engineer Xue Jing analysis, ?in June in North China, East China incessant rain, cold weather than the same period last year some southern region, so power consumption decreased dramatically, the lower the electricity consumption growth rate.?Local energy regulators power Bulletin shows, May national electricity negative growth of three, namely Hubei, Jiangxi, Shanghai in June electricity consumption growth rate has turned positive. Northwest power consumption in June was maintained two digit growth, with a 13.55% increase in rankNational GridFive regional song. But not to neglect, June Zhejiang,JilinHenan, Yunnan, the whole society electricity appeared negative growth.From the consumption structure, residential electricity consumption growth and thirdIndustryPower consumption growth rate is much higher than the total electricity consumption growth, power to support larger. Industrial electricity growth remains weak, iron and steel, building materials and other industries to electricity consumption growth rate is still negative growth environment, but the building materials in cement production electricity better growth in other industry building materials, chemicals, non-ferrous industry electricity at a slightly better in the society with report.This and previously published by the National Bureau of statistics generation data trend. Statistical data shows, this year 1 to in June year-on-year growth of only 3.7% of national electricity generation, electricity production in June zero growth.Using a battery indicator is synchronized to the previously released economic data, still also confirms the Chinese economy continues to seek the bottom. Has been published from June and the first half of the year data, the situation is not optimistic.?China in the second quarter year-on-year growth of 7.6%, lower than the first quarter of 8.1%. In June, the industrial added value down to 9.5%, lower than last month 0.1Percentage points, power up to zero. Such data indicate, the economic slowdown in China is more serious than imagined. Although Chinese economy is gradually stabilized, and gradually began to rebound, but the overall economic performance will remain because the policy response lag and external economic uncertainty increases while facing some difficulties. We have therefore reduced China?s annual economic growth forecast to 8.2%.? ANZ Bank China Economic Research Director Liu Ligang said.?Data describing the overall downturn and not effectively reverse.? HSBC macro economic analyst Sun Junwei said, ?the industrial added value, power generation and imports during the deceleration, illustrate the downward pressure on the economy still, can not be.?Sun Junwei said, more worrying is, along with the economic growth rate of six consecutive quarter of decline and fall below 8%, the labor market is beginning to pressure. We see the migrant workers employment growth in the two quarter dropped significantly, wage growth has slowed down, and this group on economic downward influence is more sensitive to. With the HSBC Manufacturing Purchasing Managers Index (PMI) employment subentry index for four consecutive months in the systolic interval is consistent, while the official PMI in manufacturing employment component index also fell to 50% the following month.CICC?s chief economist Peng Wensheng said, at present economy grows independently kinetic energy is weak, need policy relaxation strength to increase. He predicted years still is likely to cut interest rates 1 times, at the same time policy will selectively relaxation of local financing platform, continue to increase investment in the infrastructure to support, promote domestic demand growth.

Source: http://www.iins.info/archives/40142.html

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