FOB Business Forum » Business Talk » China Business » China's per unit GDP energy consumption down 1.23% in 2006
Apply free email: @FOBMumbai.com

2007-3-18 11:42 vip
China's per unit GDP energy consumption down 1.23% in 2006

China's per unit GDP energy consumption fell 1.23 percent in N1P*E {#S:~m6{
0\3W)`!Lu ?
2006, missing the projected target, official figures released Wednesday show.
Q5C2L/{ }I\ g8G$HF Y{a6\C'w
    The National Bureau of Statistics (NBS) said energy
T u]'hM,sz f;Fqop;f5m
consumption per 10,000 yuan (1,292 U.S. dollars) of gross domestic product (GDP)
\os\] 0W-AW#JxJ%q
amounted to 1.21 tons of coal equivalent in the year.
SR/s*}{Bk
/nrn|9`(g!YU&z     The Chinese government set a goal of reducing energy W|y3y M
I ~-Md-n
consumption per unit GDP by 20 percent in the five-year period from 2006 to
X$K$Z&ych/y w$u+V .N b?N_)H!I r!Q~
2010. The goal for 2006 was four percent.
}2D#K \ }.O
? a7{:`4w T"]_ ~     This is the first time for China to see an annual &ML2_@;? OP@1X#s

9^/Lxm0\]wl;e.b U0D decline in its energy consumption per unit GDP since 2003, despite a 0.8 percent 3]| qMrz
2ipv8K:MA]
rise in the index in the first half of last year.
a@"s9{ ?0W h/D/U/fLeB6M
    According to preliminary estimates by the NBS, China
W6tP{EA H9oQdL6n(f
consumed a total of 2.46 billion tons of coal equivalent in 2006, up 9.3 percent )Lo$J~*F sg[j

!\*}x:f/?6GEc9V from a year earlier. The growth is 1.4 percentage points lower than China's GDP
4fFT T-{S]:ro h9p M:P0w yD
growth of 10.7 percent in the year.
8hX\ zX ~Z?^x`6R
h2Or#EU;m*o     China's energy consumption soared 15.3 percent in
&O1M;O)C e0BcM{Y;[ ik/NXq6C;P:A
2003 and 16.1percent in 2004, both of which were over five percentage points
;{)r7we5M
U;Ct,j ~ bm'l higher than the GDP growth of the corresponding years. (m a8O*Kng-j

9k,dL](wL     Energy consumption dropped to 10.6 percent in 2005,
v*b&~mP b/u$kfAT'C
still higher than the year's GDP growth.
"pYn7jg ks1v[2^M @!W
    Zhou Dadi, researcher with the the Energy Research w[d9].R(W7M;c9U

E'j D+]RY5GG/r-J Institute of the National Development and Reform Commission (NDRC), said the t7_{HT$C
/XAKJ"F
decline shows that China's efforts in cooling its economy and reducing energy #Y*o(})\N

#?[ DUs consumption have begun to take effect. -f%KLqy\PVoIt

^ ~6}1m9~mO%]j7C     However, failure to meet the annual goal of the
N5J}]NIR ol f"@1sRV9X LX9?
government shows that the Chinese economy is still growing in a way that relies @}a%^!cb
YP;bQS!j.x#WaJh&\
too much on energy and resource consumption, said Zhou. !c!SE@5o(j
l/\g5d-IX m/w
    China saw an increase in its total energy consumption
9]:E"m)T.hl| 6|-o(NQ/C
in 2006. The consumption included 2.37 billion tons of coal, up 9.6 percent year x-p;?1n-OU*K'B?P*I X

@ D)P K c| on year; 320 million tons of crude oil, up 7.1 percent; 55.6 billion cubic
\i0y7N-?H'TN
4M?y Hm meters of natural gas, up 19.9 percent; 416.7 billion kilowatt-hours of wD[bd-Wqs _

.LL!Ov8o D hydropower, up 5 percent; and 54.3 billion kilowatt-hours of nuclear power, up
+\X&O.G2B w)H\qd
2.4 percent.
\e#E5wKy N+ZR-qTlZ
    The 9.6 percent rise of coal consumption shows that f&?7pV"[.FwP"n;H

,^O.h3YZ#^;\/t China's economic growth still relies too much on coal, which is comparatively 9~-KIr-C`0|

-|J%oXi/Gu.}#NVK dirty and inefficient, said Zhou. aq*}8R4o*T!at_

;ZD5Y!f g%R@7r%{ M     Han Yongwen, secretary-general of the NDRC, said
v aVeK&Qt zX2W-l3E8K
earlier during an on-line interview that it would be a time-consuming and
1F{ L pok7]9a 9|F5Ey3E~L&o
step-by-step process for China to improve its industrial structure and change e q"KVi"}d)V&ZZ
I(~%Z(\"]Z,~,|
the economic growth mode. bf)}$b/flL
9KG7A;H2@W&ff
    Last year, all the provincial governments set their 4B p%I5w t;`s
7NV#Q)V#B{t
targets of reducing energy consumption in the 11th five-year period. _fpcAr @c

"E2YZ)q$G#AV     The NDRC announced in January this year that China
,~9`EJ2dP
zrfGQh8| would close small coal-fired power units with total annual capacity of 50 tjkX~!CH
A"X#g)\b.P-H-GB
million kilowatts over the next four years, in a move to reduce the country's
:e"X5t3kQ.l g9z B(v2UX 2S3z]0s:w5{%L
energy consumption by four percent.
8so"i E^j+J0u *W6C3X;R!pr*WY
    Xie Fuzhan, director of the NBS, predicted earlier $J+f"Sl!} t6a+O-a'q

?;T+~"]A4z sv1K this year that as fiscal, tax and price policies came into effect and the
-w:hX['k0C's/A{h
a8p"R}?Z w industrial restructuring sped up, China would see greater reduction in energy 'r(Yv^l}*P8t

-[ p&X"IyD0BR consumption in the coming years.

Page: [1]


Powered by Discuz! Archiver 5.5.0  © 2001-2006 Comsenz Inc.