Energy use drops but still misses national 4% target

Although China's energy consumption per unit of gross domestic product fell 1.23 percent last year, the first drop since 2003, it still missed a national target, according to data from the National Bureau of Statistics yesterday. Energy use fell to 1.21 metric tons of coal equivalent to produce each 10,000 yuan (US$1,290) of GDP, according to the bureau. The government originally targeted a cut of four percent in 2006, as part of a five-year plan to reduce energy use per GDP by 20 percent by 2010. But a rise of 0.8 percent in the first half of last year, spurred by rapid industrial expansion, put in doubt whether the full-year and five-year goal could be reached. Still, the full-year 1.23 percent decline marks the first annual drop since 2003. Trackback(0) TrackBack URI for this entry Comments (0) Subscribe to this comment's feed Show/Hide comments Write comment Show/Hide comment form Name Email Website Title Comment Write the displayed characters Add Comment Copyright 2007. All Rights Reserved.

 

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