Industry Analysis & Industry Trends
The Electricity Transmission and Distribution industry is expected to generate $469.1 billion in 2012, a 5.9% increase on the previous year. This is relatively slow growth compared with the average over the past five years, estimated at 11.4% per annum. Revenue growth was strong in the early years of the period, but slowed to 10.6% in 2009 due to weaker demand resulting from the financial crisis and lower final electricity prices. Total assets of this industry are set to total $716.8 billion in 2012, up 6.4% from 2011. This industry is expected to employ almost 1.4 million people in 2012 and pay wages of $18.4 billion.
Two large monopoly companies are in control of electricity transmission and distribution activities. The State Grid Corporation of China (SGCC) controlled over 88.0%... purchase to read more
Industry Report - Industry Analysis Chapter
Due to the rapid development of China's economy and improving living standards across urban and rural households, electricity demand has increased rapidly over the past five years. In 2011, the investment in country net transforming and upgrading totaled $10.1 billion, benefiting more than 1800 counties and meeting power demand of more than 600,000 people. Total electricity consumption and generation are expected to increase at annualized rates of 12.3% and 11.2% respectively in the five years through 2012... purchase to read more