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China Power Industry Research Report 2002Q2

TABLE OF CONTENTS

EXECUTIVE SUMMARY 3
I. ANALYSIS ON OPERATION OF NATIONAL POWER INDUSTRY IN THE FIRST HALF OF THIS YEAR 5
1. Analysis on Power Production 5
2. Power Consumption Analysis 10
3. Power Investment 11
4. Analysis on Operation of Electric Networks 11
5. Estimate of Present Situations on Power Supply and Demand 13
6. Impact of Power Price on Power Demand 17
II. MAIN ENVIRONMENT AND FACTORS INFLUENCING CURRENT POWER SUPPLY AND DEMAND 20
III. CHARACTERISTICS OF POWER SUPPLY AND DEMAND AND FACTORS INFLUENCING IT IN THE FIRST HALF YEAR 22
1. Characteristics of Power Supply and Demand 22
2. Main Influencing Factors on Power Supply and Demand 23
IV. REFORMS IN POWER INDUSTRY AND THE POLICY ENVIRONMENT IN THE FIRST HALF OF THE YEAR 25
V. IMPACT OF SUPPLY CHANGE IN ENERGY INDUSTRY ON POWER INDUSTRY 27
VI. PROSPECTS OF DEVELOPMENT IN POWER INDUSTRY 29
1. Analysis on Power Supply and Demand Trend in the Latter Two Season of This Year 29
2. Estimate on Power Supply and Demand Trend in Year 2003 32
APPENDIX 34
Table 1 National Production of Energy Products from January to June, 2002 34
Table 2 Regional Power Production and Supply in the First Half of 2002 35