Via MNI headlines, comments from China's National Development and Reform Commission
- They expect electricity consumption to rise around 3% y/y in August
- (Was down 1.3% y/y in July and up 0.8% in the January - July period this year)
- NDRC said electricity output in the August 1-28 period was up 2.97% y/y while it fell 2.0% y/y in July
Also said there have been improvements in railway cargo transportation, with daily average loading of railway cars during first 27 days of August rose 1.2% over July
- NDRC suggesting that the improved electricity and railway transportation data indicate positive factors are gaining momentum