The data of electricity consumption in China coincides with the trend of economic growth

Wu Ting National Bureau of Statistics responds to questions from international organizations about the credibility of China's economic data recently, the relevant international organizations to China's first-quarter GDP growth and oil and electricity demand data does not match the question, the National Bureau of Statistics, the relevant officials denied this.　　The official said 25th, with the overall economic growth rate and some of the growth of energy consumption data, made a total and partial comparisons of the error, and the first quarter of this year total energy consumption growth of 3%, and GDP 6.1% year-on-year growth also maintained a change in the same direction. The IEA report questioned statistics of the International Energy Agency's recent global oil market report questioning the credibility of China's economic data.　　China's first-quarter GDP growth of 6.1% per cent year-on-year, when demand for oil fell 3.5% and demand for electricity was unusually weak, raising questions about the authenticity of statistical data, the report suggested. The head of the National Bureau of Statistics said there was a lack of argument and some points of view were drawn from the conclusions of the civil society advisory body. "We believe that, as an international organization, this approach is devoid of seriousness."　　The official said. The official said that the economy maintained positive growth, and the whole society's negative growth in electricity consumption is mainly two points: firstly, the first quarter of the industrial structure changes, electricity consumption relatively few tertiary industry growth faster.　　In the first quarter, the tertiary industry increased by 7.4%, more than secondary 2.1%, and the share of GDP rose from 42.7% to 44.3% in the same period a year earlier. Second, the growth of production and electricity consumption in the major high-energy-consuming industries slowed, while the High-tech industries with relatively low electricity consumption grew faster. In the first quarter, power consumption accounted for more than 63% of industrial enterprises above the six high energy-consuming industries increased the value of 2.3%, compared with a year earlier fell 12.5%.　　Electricity consumption shifted from a 13.2% increase in the same period last year to a 3.7% decline.　　Data show that the first quarter of information chemicals manufacturing, chemical manufacturing, biological, biochemical products manufacturing, communication and exchange equipment manufacturing, medical equipment and device manufacturing respectively growth of 15.5%, 14%, 17.2%, 34.7%, 11%, are significantly above the scale of industrial growth of 5.1% increase. Electricity consumption coincides with the trend of economic growth "more to the point is that, although the economy is growing, the use of electricity is negative, but the change in the two trends is very consistent."　　The official said that, since last year, by February this year, the increase in industrial growth rate continued to decline, the corresponding output also continued to fall; 1-March industrial growth rate rebounded, the same period of increase in power generation growth has also rebounded. There has also been an inconsistency between electricity consumption and economic growth, according to the official, who noted that electricity consumption in the United States fell by 3.6% per cent in 2001, while gross domestic product grew 0.8% per cent, while electricity consumption grew by 5% in 1991, but GDP fell by 0.2% per cent.　　Japan and South Korea have also seen similar phenomena. Furthermore, citing private sector opinion in the international report, said GDP growth of 6.1% per cent in the first quarter was inconsistent with the year-on-year decline in trade, according to the official, who says it is normal for GDP growth to be inconsistent with one of the needs as a result of the combined growth of investment, consumption and foreign demand. China's GDP grew by 6.1% in the first quarter of this year, driven solely by domestic demand. Initial estimates, the first quarter of this year, investment and consumption together to stimulate GDP growth of 6.3%, foreign demand negative pull 0.2%.