Friday, February 27, 2015
Growing Energy Consumption Decline Shows Increasing Pressure of Economic Slowdown
ANBOUND
The energy consumption per unit of GDP of China in 2014 fell 4.8% year on year. The decline is 1.1% larger than last year and is the largest since the beginning of 12th "Five Year Plan". ANBOUND think tank scholars believe that besides industrial structure adjustment and strictly sticking to energy saving and environmental protection standard, economic slowdown is also an important factor that contributes to such a great decline.