Today's image that sparked intense discussion. China's electricity consumption exceeds the total of the United States, the European Union, and India.
Facing this phenomenon, supporters of the United States said: "Consuming twice the electricity of the United States, but only creating 70% of the GDP of the United States. There must be something fishy here!"
Supporters of China responded: "The United States uses less than half the electricity of China, but its GDP is 40% higher than China's. There must be something fishy here!"
Electricity consumption can be seen as an "indicator" of the economy. The more active the economic activities, the greater the demand for electricity. China's major economic provinces are usually also major electricity consumers, and the development of high-end manufacturing during industrial upgrading will drive up electricity consumption. However, this view also has limitations. First, different industries have different electricity efficiency; industries that consume a lot of electricity may not necessarily have high added value; secondly, with technological progress, energy utilization efficiency improves, which may reduce the correlation between electricity consumption and development level.
Original: www.toutiao.com/article/1843884011016468/
Statement: This article represents the personal views of the author.