China's installed power capacity up 17.3% by October end

BEIJING - China's total installed power-generating capacity reached 3.75 billion kilowatts (kW) by the end of October, rising 17.3 percent year-on-year, official data showed on Monday.

Solar power capacity continued to drive the expansion, jumping 43.8 percent year-on-year to 1.14 billion kW. Wind power capacity also posted strong growth, increasing 21.4 percent to 590 million kW, according to the National Energy Administration (NEA).

By the end of September this year, China's installed renewable energy capacity had reached nearly 2.2 billion kilowatts, accounting for approximately 59.1 percent of the country's total installed power capacity, earlier NEA data showed.

The country has built the world's largest renewable energy system. In the first four years of the 14th Five-Year Plan period (2021-2025), China's energy consumption per unit of gross domestic product dropped by a cumulative 11.6 percent. China has vowed to accelerate green transition across the board and build a Beautiful China in the coming five years.

China's electricity consumption, a key barometer of economic activity, registered double-digit expansion last month, according to earlier NEA data.