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Business丨Equipment makers, high-tech lift power

CHINADAILY  · 公众号  · 时评  · 2024-10-30 13:23
    

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Driven by the rapid development of the high-tech and equipment manufacturing sectors, China saw its electricity consumption, a key barometer of economic activity, rise 7.9 percent year-on-year in the first three quarters, said the China Electricity Council. Electricity consumption in the two key sectors grew 11.4 percent year-on-year during the period, a 1.3 percentage point increase from the same period last year, said Jiang Debin, deputy director of the council's statistics and data center. Soaring electricity consumption in these advanced sectors and the production of specialized equipment and machinery reflect an ongoing trend of transformation and upgrade within manufacturing, Jiang said. ▲ A technician checks a power transmission line in Taizhou, Jiangsu province. Shi Jun/For China Daily High-tech and equipment manufacturing sectors include areas involved in electronics, aerospace, robotics, precision machinery and other high-value tech-intensive manufacturing activities. The ………………………………

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