China's Investment in Power Generation up 3.3% in First-Half 2019, an Industrial Info Market Brief

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In the first half 2019, China's investment in the power generation sector reached $14.74 billion, an increase of 3.3% year over year. Of this, the investment in hydropower reached $4.47 billion, a jump of 36.4% year over year; that of thermal power reached $3.22 billion, a drop of 26%; that of nuclear power amounted to $2.10 billion, a drop of 30.2%; and that of wind power reached $4.32 billion, a jump of 54.8%, according to the Instant Statistic Report announced by the National Energy Administration (NEA) on June 19.

Also in the first half 2019, China's investment in power transmission and distribution sector amounted to $24.18 billion, a drop of 19.3% year over year.