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China Daily | Updated: 2024-03-21 00:00
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Power use up 11% in January-February

China's electricity consumption, a key barometer of economic activity, logged robust expansion in the first two months, said the National Energy Administration on Wednesday. Power use climbed 11 percent year-on-year to 1.53 trillion kilowatt-hours during the period.

Loan prime rates remain unchanged

China's one-year loan prime rate, a market-based benchmark lending rate, stood at 3.45 percent on Wednesday, unchanged from the previous month. The over-five-year LPR, upon which many lenders base their mortgage rates, also held steady from the previous reading of 3.95 percent, said the National Interbank Funding Center.

Xinhua - China Daily

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