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February 23, 2012

China 2011 energy, GDP and agriculture numbers

China's National Bureau of statistics released financial, energy and agricultural statistics for 2011
In 2011, China’s coal consumption increased by 9.7%, the most year-over-year growth seen since 2005. The country also saw a substantial increase in natural gas consumption, which climbed by 12% in 2011.

China coal usage is at 3.48 billion metric tons of standard coal equivalent.

This is bad news for the environment but the commodity numbers are consistent with the growing GDP numbers. Crude-oil use increased 2.7 percent, natural gas gained 12 percent and electricity demand expanded 11.7 percent.

China's annual gross domestic product (GDP) 47.1564 trillion yuan, an increase of 9.2 percent over the previous year. Among them, the first industry was 4.7712 trillion yuan, an increase of 4.5%; the secondary industry was 22.0592 trillion yuan, up 10.6 percent; the tertiary industry was 20.326 trillion yuan, an increase of 8.9%. The first industry to gross domestic product accounted for 10.1%, secondary industry accounted for 46.8% of the tertiary industry accounted for 43.1%.

Overall energy consumption per unit of GDP declined another 2% — continuing the 19.1% decline in energy intensity since 2005. In addition, solar installations increased by 547% and wind installations grew by 48% last year.







Real Estate

The annual real estate investment rose 27.9 percent to 6.174 trillion yuan over the previous year. Among them, the residential investment 4.4308 trillion yuan, up 30.2 percent; office to invest 254.4 billion yuan, up 40.7 percent; commercial space business to invest 737 billion yuan, an increase of 30.5%.

The year started construction of the towns of affordable housing projects housing 10.43 million units (households), the basic completion of the towns of affordable housing projects 4.32 million housing units.

Agriculture

Annual grain planting area of 110,570,000 hectares, 700,000 hectares more than last year; cotton-growing area of 5.04 million hectares, an increase of 190,000 hectares; oil acreage of 13.79 million hectares, a decrease of 100,000 hectares; the sugar plantations, an area of 1.95 million hectares, an increase 40,000 hectares.

Annual grain production of 571.21 million tons, an increase of 24.73 million tons, an increase of 4.5% over the previous year. Among them, the output of summer grain was 126.27 million tons, an increase of 2.5%; early rice was 32.76 million tons, an increase of 4.5%; autumn grain output was 412.18 million tons, an increase of 5.1%

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