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China’s economic growth leaves the weapons industry weak

China’s economic recovery has done so well that it has led to power shortages in many of its industrial and industrial areas in the south of the country.

Factories in major cities such as Guangzhou, Foshan and Dongguan, which are known for producing consumers around the world medicine, they are prescribed for low power consumption and can even be closed for about three to three days a week to reduce stress.

Klaus Zenkel, chair of the EU Chamber of Commerce in South China, says about 100 of the agency’s companies have been affected and some shortages could be a problem for foreign groups in the region.

“In the aftermath of the financial crisis, companies are very busy and have a lot of rules. . . Now some have been asked to close three days a week. That is absurd, ”said Zenkel. “It’s a construction issue that needs to be addressed urgently.”

As other economies struggle to regress, the history of power demand from factories and industries has grown exponentially in Guangdong province, home to these cities. The problem is exacerbated by heat and low rainfall in Yunnan, which Guangdong is probably dependent on hydropower.

Investigators said The output of the central government emits air it also caused governments to hesitate to increase their dependence on coal-fired power, forcing officials to distribute electricity.

“It is a carbon system in China. . . local governments are increasingly alarmed by the use of coal and electricity, ”said Shan Guo, Partner at Plenum China Research.

Lara Dong, from IHS Markit data supplier, said border on coal entry as well as household chores that contribute to the need.

Factors are worried that they will not be able to meet their demands after China Southern Power Grid announced on Saturday that 21 cities and territories in the Guangdong region would be included in the plan or restrictions on use. Companies have to cut back on electricity or cut off electricity.

Mike Wang, Dongguan’s power plant manager, said workers were “sweating” for 36C days because they could not turn on air conditioners and fans without breaking power lines.

“Now I’m really worried. I don’t know how to explain it to clients [that their orders would be late], ”Adauza Financial Times. He also said that the lack of electricity has made the factory’s operations more efficient by 20 to 30%.

China has experienced one of the world’s fastest-growing revenues from the Covid-19, driven mainly by its retail and manufacturing teams. His wealth grew 18.3% in the first quarter of 2021 compared to the same period last year, although growth has grown by a low early 2020.

From January to April, the total electricity consumption of urban groups in Guangdong, across the border from Hong Kong and Macau known as the “Greater Bay Area”, rose by about 30% a year, the electricity company said.

China’s territories are being pressured to reduce their energy levels – greenhouse gas emissions by a fraction of GDP – as part of government efforts reaching the peak of air pollution by 2030 and reaching “political neutrality” by 2060.

Mr Dong said there was a chance of a minority when the district reached its peak in July or August.

Additional reports Qianer Liu in Shenzhen and Emma Zhou in Beijing


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