1H17 power sector data released by the China Electricity Council （CEC） suggests China’s power demand is 2.95 trillion KWH, increased by 6.3% yoy , which is the highest growth for the same period since 2012.Power demand in secondary and tertiary industry increases rapidly. Power demand in producer services is better than that of consumer services. The rapid development of high technical industry, equipment manufacturing industry and other new technical, new industry and new commercial activities drives the growing power demand and foster a new strength in driving China power demand growth.

As the report shows, in 1H17 power generation enterprises ease the investment effectively. Thermal power investment and new added power generation capacity drop, while the percentage of non-fossil energy power generation capacity increases largely

Data indicates that in 1H17, China added a total of 50.56GW power supply capacity; among the capacity additions, 73.4% is non fossil-fuel, up by 20ppt yoy.