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Home Economy/Technology

China’s power generation up 9.9% in August

China

The Matters Press by The Matters Press
September 19, 2022
Reading Time: 1 min read
0
Power line to energise part of Oyo

China’s power generation rose 9.9 per cent year on year to 824.8 billion kilowatt-hours in August, official data showed.

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The country’s National Bureau of Statistics said the August growth rate was 5.4 percentage points higher than that registered in July.

The report said that specifically, both thermal power and wind power generation posted faster growth in August, rising 14.8 per cent and 28.2 percent from a year ago, respectively.

It said that solar power generation also grew 10.9 per cent year on year.

“Hydropower output, however, shrank 11 per cent year on year in August, while that of nuclear power edged down 0.6 per cent from the previous year.

“China’s power generation amounted to 5.6 trillion kilowatt-hours in the first eight months, a year-on-year increase of 2.5 per cent,’’ the data showed.

China’s construction sector makes great strides – Report

China’s construction sector has made headway in scale and structure in the past decade, official data showed Monday.

The National Bureau of Statistics said in a report that in 2021, the total output value of construction enterprises nationwide reached 29.3 trillion yuan (about 4.22 trillion dollars)

The report said that this was up by 1.14 times from 2012.

It revealed that by the end of 2021, China had 2.26 million construction enterprises.

“From 2013 to 2021, the number of enterprises increased at an average annual rate of 6.1 per cent, achieving a leapfrog development in terms of the scale of the industry.

“The construction sector also saw an improving structure.

“In 2021, the number of top-notch, first-class construction firms in China reached 16,000, up 84.3 per cent from 2012,” the report added.

The report said that the industry had grown to become a major contributor to employment.

It said that in 2021, 81.8 million people were working in construction firms, ranking second only to the manufacturing sector in the capability of creating jobs.

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