On October 19, the National Energy Administration released data showing that in September, the national total electricity consumption and industrial electricity consumption decreased by 11.5% and 9.8% respectively. However, compared with the same period last year, in September, the total electricity consumption of the whole society was 391.5 billion kWh, an increase of 12.2% year-on-year, and the growth rate was higher than the 9.1% level in August. For the first quarter-on-quarter decline in electricity consumption since July this year, does it mean that the economy is declining, and the figures released by industrial production cannot be proved. In fact, although industrial and social consumption has declined for three consecutive months, the added value of industrial enterprises above designated size has shown an accelerated trend. At the same time, the daily output of important industrial products is increasing month by month. Therefore, the judgment of the trend of the economy is complicated. In fact, in addition to the sudden drop in power consumption, the growth rate of broad money and narrow money balances at the end of September is 13% and 8.9% respectively, which is lower than the level during the 2008 World Financial Crisis. Zhang Yongjun, a researcher at the China Center for International Economic Exchange, pointed out that overall, the economy may be in a stable development trend, but it should be highly vigilant for the current low growth rate of money. "In the long term, China's economy as a whole is slowing, low currency rate situation persists too long, it may have an adverse impact on the economy, should now make possible sharp decline in economic plan."
Industrial electricity according to
the chain to drop According to figures released by the National Energy Administration, heavy industrial use in 2002 was 222.8 billion kWh, down 13% from the previous month. A person from the Ministry of Electricity of the Central Committee of the People's Republic of China pointed out that the current decline in electricity consumption is mainly due to seasonal factors. The annual temperature drops, resulting in a decrease in air conditioning load, so electricity consumption is reduced. The reporter checked the relevant figures in previous years and found that, in September, the total electricity consumption and industrial electricity consumption in the whole society will decline from last month. In September 2010, the total electricity consumption and industrial electricity consumption in the whole society decreased by 12% and 19% respectively compared with the previous month. However, it is puzzling that although the current electricity consumption figures have declined for three consecutive months, the growth rate of industrial added value above the industrial scale, the industrial added value, and the output of major industrial products are rising. For example, according to the statistics of the Bureau of Statistics, the growth rate of industrial added value above designated size in July, August and September was 0.91%, 1.02% and 1.2% respectively. In September 2011, the added value of industrial enterprises above designated size increased by 13.8% year-on-year, 0.3 percentage points faster than that in August. As for the output of major industrial products, the average daily output of steel products rose from 2.44 million tons in July to 2.55 million tons in September. Cement production increased from 5.91 million tons per day in July to 6.34 million tons in September. Others, such as crude oil processing, ten non-ferrous metals, and average daily production of automobiles, rose month by month within three months. For this contradiction in the decline in electricity consumption and the increase in industrial output, Zhang Lin, a researcher at Lange Steel Information Research Center, believes that it is not necessary to care too much. She told reporters that if we look at the actual output of steel, it may be more secure to use crude steel to measure. The output of crude steel has been declining for three consecutive months. "Steel companies are not accelerating production at present, and there is pressure to digest steel prices in the future, so overall, the pressure to slow down production is increasing." Zhang Lin said. Zhang Yongjun, a researcher at the China Center for International Economic Exchanges, believes that the current year-on-year (compared to the same period last year) is more accurate than the measured ring ratio (compared to the previous period). Because the current National Bureau of Statistics is still only testing, and often adjust. Considering that the current year-on-year growth rate of electricity consumption in the whole society is still growing rapidly, the economy will not have a big decline in the short term. Previous data also showed that compared with the same period last year, the growth rate of ten non-ferrous metals, automobiles and crude oil processing in the country in September was lower than that of the previous month.
Low currency growth The current
low economic figures may indeed be highly vigilant. Taking broad money as an example, central bank figures show that at the end of September, the broad money (M2) balance was 78.74 trillion yuan, up 13.0% year-on-year, 0.5 and 6.7 percentage points lower than the end of last month and the end of the previous year; the narrow money (M1) balance was 26.72. One trillion yuan, an increase of 8.9% year-on-year, 2.3 and 12.3 percentage points lower than the end of last month and the end of the previous year. Previously, even at the end of September 2008, China's broad money M2 grew at a rate of 15.29%, and the narrow money growth rate was 9.43%, higher than the above-mentioned year-on-year figures. In this regard, Lu Zhiming, a researcher at the Bank of Communications Research Center, believes that the current currency growth rate is very slow, indicating that the market is tight, which may be unfavorable for economic development and high attention to the low currency growth rate. For now, it may take a few more months to see if the numbers are still so low. "With regard to the growth rate of the aforementioned currencies, the monetary policy is too tight. However, to return to a truly stable monetary policy state, it may still be necessary to wait for the price increase to continue to fall. This may have to wait until the end of the year." Lu Zhiming said. The data showed that the consumer price increase in September was 6.1%, which was the second consecutive month of decline in growth rate. However, the price in the first three quarters was 5.7%, which still exceeded the annual target of 4%. In general, the growth rate of broad money should be the sum of GDP (GDP) speed and price level, plus the speed of money circulation. In 2009 and 2010, when the country implemented a moderately loose monetary policy, it was determined that the broad money M2 was about 17%, the economic growth rate was 8%, the price was about 4%, and the currency circulation speed was reserved 3-4. Percentage points. However, in the first three quarters of this year, the economic growth rate was 9.4%, and the price increase was 5.7%. The sum of the two was more than 15%, which greatly exceeded the 13% growth rate of the broad money balance at the end of September. Whether this means that the current real monetary policy is at a tight level is still a mystery. Previously, the China Banking Regulatory Commission believed that private credit had funds of 3.5 trillion to 5 trillion. If this part was added to official statistics, broad money and credit would reach normal levels. However, this statement remains to be confirmed. The above-mentioned currency growth rate is too slow, and whether it will lead to a decline in economic growth remains to be tested. Cai Zhizhou, deputy director of the Center for National Accounts and Economic Growth at Peking University, believes that "in the long run, China's economic growth rate is still partially down, because the current economic growth rate of 9% is very different from the past. The reason is that the total amount is too large," he said. He believes that economic growth is too fast, the economy is overheated, prices are rising too fast, and ordinary residents' income growth is not as good as the economy, and actually benefits little. While the economic growth rate is relatively average, when the price is stable, the general residents will benefit more. At present, some companies feel that the financial pressure is high, which has forced the business owners to speed up the transformation, implement technology updates, and reduce the pace of costs, which is not a bad thing.
Pipe Wrap Tape System describe
The XUNDA-T400 series is Cold applied tape coating system for corrosion protection of Oil, Gas, Petrochemical, and Waste Water underground or overhead pipelines.
It is a three-ply cold applied tape with stabiliesed polyethylene backing and butyl rubber adhesive layers on both sides.It is also used as inner-layer tape. It shall be applied by hand or with a wrapping machine
The 3Ply tape shall be applied after the Liquid adhesive and before the outer-layer tape by hand or with a wrapping machine
2 Structure
The specification of the tape consists of four layers,
Internal Adhesive layer:Butyl rubber
External Adhesive layer: Butyl rubber
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Interleaf:Anti adhesive Film Treated with Silicone
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Excellent bonding between adhesive and carrier film via co-extruded intermediate layer.
Mechanically highly resistant tape system.
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A Total Coating System with:
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Thickness: 0.80 mm ( 30 mils)
width: 100 mm to 800 mm
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Double Side Tape
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