September 07, 2008

China becomes world’s 3rd largest energy producer

The latest report of China energy issued by RICS recently shows that China has become world third biggest energy producer behind America and Russia, accounting for 10.6% of the annual energy output in the world.

Moreover, China has become world second biggest energy consumer behind America, according to 10.8% of gross energy consumption in the world.

Energy report points out that in 2005 China's total primary energy consumption was 15,600 tons of oil equivalent, an increase of 9.9% from the previous year. As the world’s largest coal consumption country, the annual coal consumption of China accounts for more than 28%.