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    Report forecasts 7 percent rise in power consumption

    2014-05-06 15:18 Xinhua Web Editor: Qin Dexing
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    China's power consumption is expected to mildly rebound starting from the second quarter, but it may still be below the level recorded in 2013, according to a report released on Monday.

    China Electricity Council forecast in the report that power consumption may pick up in the remainder of the year following 5.4-percent year-on-year growth in the first quarter.

    The growth rate in the fourth quarter of 2013 was 8.4 percent.

    The report said the country's power consumption may finally increase by 7 percent for all of 2014, and it will still be 0.5 percentage point lower than in 2013.

    Power consumption is widely deemed an indicator of a country's economic vitality.

    The report attributed the relatively low growth in the first quarter to economic slowdown, China's efforts to phase out overcapacity and factory shutdowns to curb emissions.

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