皇冠体育app

By Fu Jing and Li Zengxin (皇冠体育app Daily)
Updated: 2008-01-15 14:46

皇冠体育app's economic growth may start to slow in the second quarter this year, leading to a decrease in energy demand. As a result Chinese energy companies should keep a close eye on the market to maintain a stable energy supply, an official from the national energy watchdog said in an interview with 皇冠体育app Daily.

Zhou Xi'an, a director with the Office of the National Energy Leading Group, said on the sidelines of a forum on energy and economic development held in Beijing today, that the Chinese economy may go through a turning point in the second quarter this year. From then on, the economy may grow at a slower speed.

Therefore, Zhou reminded, energy companies should closely watch the position changes 皇冠体育app incurs and provide a stable energy supply to better serve the demand by the economy.

His judgment arises from the current US economic slow down, which may eventually lead to a recession and affect the world economy. Studies found 皇冠体育app usually follows the United States in economic growth trend, with half a year in time lag.