According to a report from the National Development and Reform Commission of Sinochem Xinhua News Agency on the 29th, in the first half of the year, the supply and demand of coal and gas for oil and gas in China was generally stable, which ensured a steady and rapid economic development. Jia Fusheng, deputy director of the Economic Operation Bureau of the National Development and Reform Commission, said that since the beginning of this year, relevant departments have endeavored to increase effective supply, curb unreasonable demand, and maintain rapid growth in production and supply of coal, electricity, gas, and other elements. The overall balance of the coal market. In the first half of the year, the national railway coal shipment volume and major port coal shipments increased by 13.2% and 20.1% respectively year-on-year. In April and May, the coal supply in Hunan, Hubei, Jiangxi, and Chongqing was once tight. The relevant parties coordinated and increased the production and transportation of power coal in a timely manner. In addition, the improvement in water supply and the increase in the output of hydropower in June brought about a significant reduction in the contradiction between supply and demand. At the end of June, the country's key power plants stored 65.35 million tons of coal, a year-on-year increase of 13.1%. Power supply and demand are tight. In the first half of the year, the country’s power generation amounted to 2.2 trillion kWh, a year-on-year increase of 13.5%; the entire society’s electricity consumption increased by 12.2%, and 9 provinces had a growth rate of over 15%. Affected by a variety of factors such as rapid demand growth, low water supply, and thermal power losses, the power supply and demand situation in East China, Central China, and South China is tight. In April and May, 8 and 11 provinces respectively adopted the “orderly electricity use†measures, with the maximum power gaps of 11 million and 18 million kilowatts, respectively. After mid-June, this situation has eased. The supply and demand of refined oil is basically stable. In the first half of the year, refined oil production and apparent consumption increased by 6.5% and 7.2% respectively year-on-year. At the end of June, refined oil inventories were at normal levels. Natural gas consumption maintained a relatively high growth rate. In the first half of the year, the apparent consumption of natural gas in China was 63.1 billion cubic meters, a year-on-year increase of 21%. In the first four months, as the weather became warmer, the average daily gas consumption fell month by month, but it still maintained a relatively high growth rate year-on-year. Since May, power generation gas has grown faster. Steady growth in transportation. In the first half of the year, the nation’s transportation sector completed a total of 17.09 billion tons of cargo across the society, an increase of 13.9% year-on-year, an acceleration of 0.3 percentage points from the first quarter. Among them, the volume of railway, road and water transport increased by 8%, 14.7% and 15%, respectively. The transportation of key materials is well protected. As for the tight supply and demand of electricity in some regions and parts of the time, Jia Fusheng stated that except for the impacts of climate change and declining hydropower output, the economic structure is still largely unreasonable, and the excessively rapid development of energy sources has brought about excessive energy demand. Growth, as well as institutional mechanisms to be improved, are attributable to deep-seated contradictions and problems.
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