China's first quarter energy consumption rebounded, energy consumption per unit of GDP fell

The National Bureau of Statistics said on the evening of the 28th that in the first quarter of this year, China's energy supply and consumption growth rate rebounded, and the energy consumption of key energy consumer enterprises decreased month by month, and the energy consumption per unit of GDP continued to decrease.
According to officials of the National Bureau of Statistics, the overall rebound in energy consumption and the decline in energy consumption per unit of GDP indicate that the Chinese government’s “package” plan to stimulate economic growth in response to the international financial crisis has maintained economic growth on the one hand and economic restructuring on the other. And energy conservation and emission reduction, reflecting the basic requirements of the scientific development concept.
According to preliminary statistics, the total energy supply (production plus net import) in the first quarter was about 655 million tons of standard coal, up 3.45 percent year-on-year, an increase of 1.65 percent over the fourth quarter of last year. . Among them: total energy production totaled 585 million tons of standard coal, an increase of 4.31% year-on-year; net imports of 69.78 million tons of standard coal, a year-on-year decrease of 3.28 percent.
The total energy consumption was 646 million tons of standard coal, an increase of 3.04% year-on-year, an increase of 2.25 percentage points over the fourth quarter of last year.
At the end of the first quarter, the total social energy inventories decreased by 2.91% compared with the beginning of the year, which was roughly the same as that of the same period last year.
Statistics show that consumption of coal, electricity and other energy products has rebounded, and the decline in oil consumption has increased. In the first quarter, coal consumption was about 649 million tons, a year-on-year increase of 2.69 percent, an increase of 10.7 percentage points over the fourth quarter of last year. Electricity consumption was 718 billion kWh, down 40.2% year-on-year, a decrease of 1.98 percentage points from the fourth quarter of last year. The consumption of refined oil products was 57.35 million tons, a year-on-year decrease of 6.35 percent, a decrease of 3.83 percentage points over the fourth quarter of last year.
The energy consumption of basic industries and key energy-consuming industrial enterprises has rebounded. Compared with the fourth quarter of last year, the energy consumption of basic industries such as electricity and key raw materials decreased or increased.
In the first quarter, the energy consumption of key industrial enterprises with annual energy consumption of 10,000 tons and above was reduced by 5% compared with the same period of last year and by 6.95 percentage points from the fourth quarter of last year. The energy consumption of key industrial enterprises has rebounded for four consecutive months since November last year, with an average monthly increase of 2.34 percentage points.
It is worth pointing out that the energy consumption per unit of GDP continues to decrease. According to the preliminary calculation of the total energy consumption growth of 3.0.4% and GDP growth of 6.1%, the national energy consumption per unit of GDP in the first quarter decreased by 2.8% compared with the same period of last year. The 2.62 percent increase was 0.27 percent.

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