Sustained Rally
Electricity use, a key indicator of economic activities, shows that the Chinese economy is recovering from the impact of the novel coronavirus disease (COVID-19) epidemic. In May, total electricity consumption rose 4.6 percent year on year, an increase of 3.9 percentage points from that of the previous month, with power consumption in the manufacturing hub Guangdong Province in south China soaring 9.29 percent year on year to over 62.9 billion kWh, the first positive year-on-year monthly growth this year.
Amid continuing virus containment measures, China’s economy has maintained an upward trend with major economic indicators gradually improving. As Liu Huan, a counselor with the State Council, China’s cabinet, said at a
