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Since the beginning of this year, the growth rate of electricity consumption across the country has outlined an overall upward curve, confirming the resilience and vitality of the Chinese economy from one aspect.
Electricity consumption has always been the "vane" of economic operation.In the first quarter, affected by the epidemic, electricity consumption across the country fell by 6.5% year-on-year. With the resumption of work and production and the gradual recovery of the economy, the growth rate has turned from negative to positive. In April, the electricity consumption of the whole society increased by 0.7% year-on-year, and then showed an overall upward trend. The growth rate reached 7.7% in August, driving the cumulative growth rate of electricity consumption throughout the society to achieve positive growth.
"The steady growth of electricity consumption shows a good trend of enhanced market vitality and economic recovery." The relevant person in charge of the China Electricity Council said that the steady economic recovery is the main reason for the rebound in electricity consumption. Consumer demand has gradually returned to normal.
What is the direct relationship between the increase or decrease in electricity consumption and economic vitality? A group of electricity consumption data around you tells the secret——
The average power consumption for producing one ton of crude steel is about 440 degrees;
Electrified railways consume about 100 kilowatt-hours of electricity per kilometer to transport 10,000 tons of goods;
The average power consumption of pure electric passenger cars is about 15 degrees per 100 kilometers;
Each of us consumes about 2 kWh of electricity per day...
In modern society, electricity is closely related to economic operation and people's lives. The electricity consumption of the whole society includes the total electricity consumption of the primary, secondary and tertiary industries, as well as residents’ lives.
"Since the reform and opening up, the electricity consumption of the whole society has been in line with the growth trend of GDP. The change in the electricity consumption growth curve can reflect the economic operation." said Shan Baoguo, deputy chief economist of the State Grid Energy Research Institute.
"Electricity sees economy", "Electricity sees people's livelihood", "Electricity sees high-quality development"... In the National Grid Big Data Center located in the southwest corner of Hufang Bridge, Beijing, the staff are busy collecting and sorting out multiple power data ,analysis.
Indexes and curves turn into a "barometer" that understands economic operations, changes and trends in business operations.
Peng Fang, director of the data analysis center of the State Grid Big Data Center, pointed to the curve on the electronic screen and said that the power consumption index comprehensively reflects the development of the power consumption market through changes in indicators such as power consumption and user scale. The index shows It was the lowest in February, and then gradually recovered, and stabilized in June, with a year-on-year increase of about 5% in October. This is very similar to the economic trend and confirms the economic recovery and recovery from the perspective of electricity.
In the first three quarters of this year, China's economic growth turned from negative to positive, with a year-on-year growth of 0.7%. China's economy was the first to recover under the epidemic.
How will the various industries operate in 2020? Which industries are vibrant? Follow the electricity data to feel the "brightness" of China's economy.
Based on the data from the National Energy Administration and China Electricity Union, by industry:
The growth rate of electricity consumption in the primary industry remained at a relatively high level, with a year-on-year increase of 9.7% from January to October. In recent years, my country has intensified the transformation and upgrading of rural power grids, in-depth promotion of poverty alleviation and rural revitalization strategies, so that the potential for electricity use in the primary industry has been released. In the first three quarters, electricity consumption in animal husbandry, fishery, and agriculture increased by 18.8%, 11.2% and 5.4% year-on-year respectively.
The growth rate of power consumption in the secondary industry has been increasing steadily since April. The growth rate of power consumption in August and September reached 9.9% and 8.6%, which is the main force driving the growth of power consumption. In the third quarter, the growth rate of electricity consumption in the high-tech and equipment manufacturing industry rose to 10.8%, which is a bright spot in current industrial production.
The electricity consumption of the tertiary industry has been increasing continuously since May, and the growth rate reached 7.5% in August. As the resumption of business and market continues, the growth rate of electricity consumption in the service industry has gradually improved.
During the period of the epidemic, when people were "at home", the electricity consumption of ordinary people achieved rapid growth, with a growth rate of 3.5% in the first quarter. From January to October, the electricity consumption of urban and rural residents continued to grow rapidly, and electricity consumption increased by 5.9% year-on-year, which was basically the same as the same period last year.
Which part of the country has the fastest growth in electricity consumption? west!
From January to October, the growth rate of electricity consumption in the eastern, central, western and northeastern regions was 0.9%, 0.3%, 4.6% and 1% respectively.
By industry: From January to October, computer/communication and other electronic equipment manufacturing, automobile manufacturing, electrical machinery and equipment manufacturing, general equipment manufacturing, and pharmaceutical manufacturing increased by 14.4%, 11.9%, and 6.6%, respectively. , 4.5% and 3.6%; electricity consumption in information transmission/software and information technology services increased by 25.7% year-on-year.
"This reflects that high-tech and equipment manufacturing enterprises are recovering well, the industrial structure continues to be optimized, and the new kinetic energy industry maintains rapid growth." Shan Baoguo believes.
The BAIC New Energy Vehicle showroom in Yizhuang, Beijing is crowded with people. New energy vehicles are becoming more and more popular among consumers. A new new energy intelligent connected vehicle is very attractive. "We have actively overcome the impact of the epidemic, and production and sales have gradually recovered.
The State Grid Energy Research Institute predicts that, taking into account factors such as continued economic performance, the nationwide electricity consumption in the fourth quarter will increase by about 8% year-on-year, and the total electricity consumption of the whole society will increase by about 3% year-on-year.
"From the perspective of recent growth in electricity consumption, it is expected that the national economy will continue to maintain a steady and positive trend in December, industrial production will grow rapidly, and the service industry will continue to recover.
