Economists who are trying to assume links between the development of an economy and the increase of power production are saying China's economy is at a turning point. This is, however, not true while we look at the current situation from economic point of view. The increase of power production does not necessarily indicate the economy is at a turning point of another cycle. During a short period, the society's total demands decide the equilibrium income. Total demands include consumption, investment, government purchases and exports.
Power production is one of the basic elements of social production.
It is categorized into elements of suppliers. It is generated in a continuously and consumed immediately. Therefore, if there is no power shortage, power production will not affect equilibrium income. There might be some mistakes in analyzing the percentage increase between the same period on annual basis from a macro-economic point of view. It is very hard therefore to find out economic logic to support the assumption.