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Article: China released energy development report 2009.(Energy Chemical)
- Article from:
- China Chemical Reporter
- Article date:
- June 16, 2009
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China's energy demand and supply situation would be further relaxed in 2009 as slowing economic expansion reduced demand growth while new capacity keeps growing, according to the China Energy Development Report 2009 released by the National Energy Administration under NDRC on May 25th.
In 2008, energy supply was tight in the early part of the year before easing later. Energy prices also fell after rising earlier. In the first half of 2008, the nation's energy supply kept tight but the situation was overturned since the third quarter as the deepening global financial crisis dragged down economic growth, leading to slumping demand, overcapacity, high-level ...