China Energy Use Per Unit of GDP Declines 3.46%, Xinhua Reports

By Lee Spears

Dec. 13 (Bloomberg) -- China's energy consumption per unit of gross domestic product fell 3.46 percent in the first three quarters of the year, Xinhua News Agency reported, citing Zhang Ping, head of the National Development and Reform Commission.

China needs a 4 percent average annual energy-intensity reduction to meet a government goal of decreasing the measure 20 percent in the five years through 2010, the official news agency said.

China made reductions of 1.79 percent in 2006 and 3.66 percent last year, Xinhua said.

To contact the reporter on this story: Lee Spears in Beijing at lspears2@bloomberg.net.