The focus of my country’s seabet sports betting demand is gradually shifting to the side of daily consumption

Category: Industry News Release Time: 2019-09-09 Number of Viewers:0 Share


The 2019 version of the "World and China seabet sports betting Outlook" report (hereinafter referred to as the "Report") recently released by the China National Petroleum Corporation Economic and Technological Research Institute states,The focus of my country’s seabet sports betting demand is gradually shifting to the side of daily consumption,The proportion of industrial seabet sports betting consumption continues to fall,The proportion of building seabet sports betting consumption (residential and commercial) continues to increase。The report predicts that my country’s terminal seabet sports betting consumption will continue to replace coal with electricity、Trend of replacing coal with gas,The overall seabet sports betting consumption structure will move toward cleanliness、Low carbonization、Diversified development。

Report states,As our country enters the late stage of industrialization,seabet sports betting demand shifts from the production side to the consumption side。Under baseline scenario,Industrial seabet sports betting consumption will reach its peak around 2025,Its proportion in total seabet sports betting consumption will drop from more than 65% in 2018 to less than 55% in 2050;The proportion of seabet sports betting consumption in construction and transportation continues to increase,The seabet sports betting demand of the building sector (residential and commercial) will continue to rise before 2050,And the average annual growth rate will remain at 3 before 2035.7%,Fast growth。

Wang Lining, chief engineer of the Petroleum Market Research Institute of China Petroleum Economics and Technology Research Institute, said,Driving by the current economic transformation,Internal adjustments to the industrial structure and the basic saturation of some high-seabet sports betting-consuming products,Is the direct cause of the decline in industrial seabet sports betting demand;As my country’s urbanization process continues to advance、The implementation of the rural revitalization strategy and the rapid development of the tertiary industry,Residents’ domestic seabet sports betting consumption and commercial seabet sports betting consumption maintain a growth trend。

From the perspective of seabet sports betting structure,The transition from production seabet sports betting to daily seabet sports betting requires a cleaner seabet sports betting structure。Report states,Popularization of electrical receiving equipment、Air pollution control、The impact of market-oriented reforms and continuous improvement of infrastructure,Electricity and natural gas account for an increasing share of the building sector’s seabet sports betting needs。Under baseline scenario,2035,Electricity and natural gas will account for 50% of building seabet sports betting consumption respectively.6% and 18.5%,will rise to 58% and 20% respectively by 2050。

Report forecast,Under baseline scenario,The demand for natural gas in 2035 and 2050 will reach 610 billion cubic meters and 690 billion cubic meters respectively,China’s natural gas demand growth will account for about 24% of the world’s by 2035,China’s natural gas will be in a strategic development period before 2040。

Zhu Xingshan, deputy chief economist of the Planning Department of China National Petroleum Corporation, thinks,my country’s natural gas industry has huge development potential,But currently facing the problem of insufficient competitiveness,The key is to further rationalize the price mechanism of the natural gas industry chain,At the same time, production can be increased by increasing domestic gas reserves、Establish emergency reserves、Expanding import channels and other means to alleviate the hidden concerns of my country's high dependence on foreign natural gas。

The report also states,The advent of the smart era leads to rapid growth in electricity demand。Under baseline scenario,The electrification level of my country’s terminal sector will increase from 23% in 2018.2% increased to 32% in 2035,further increased to 38 by 2050.4%,The corresponding power demand will be from June 2018.4 trillion kilowatt hours increased to 10 in 2035.6 trillion kilowatt hours,Increase to 12 by 2050.2 trillion kilowatt hours。At the same time,my country’s power generation structure will become more diversified、Cleaning、Low carbon,The proportion of non-fossil seabet sports betting power generation will continue to increase,It will reach about 58% in 2050,Wind、Renewable seabet sports betting sources such as light will maintain rapid growth in the long term。

Source: National seabet sports betting Conservation Center Publicity Platform






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