China's power use up 5.8% in Jun; GDP grows 5% YoY in H1 2024

Power use climbed by 5.8 per cent YoY in the month to 820.5 billion kilowatt-hours (kWh).

Power consumed by primary, secondary and tertiary industries went up by 5.4 per cent, 5.5 per cent and 7.6 per cent YoY respectively.

Residential power use in the month rose by 5.2 per cent YoY to 116.6 billion kWh.

In the first half (H1) this year, the country's power use climbed by 8.1 per cent YoY to nearly 4.66 trillion kWh.

"Overall, the national economy has continued to improve in the first half in a stable manner," an NBS spokesperson said.

The country's value-added industrial output expanded by 5.3 per cent YoY in June.

ALCHEMPro News Desk (DS)