In the first half of 2014, the global economy continued its mild and uneven recovery. Among developed economies, the United States showed the most significant increase in growth momentum, while the Eurozone continued to implement loose policies to promote economic growth; developing countries outside Europe and Asia lacked sufficient growth momentum. Although the overall growth rate of the global economy increased slightly and the world economy is expected to further emerge from the shadow of the crisis, it still faces considerable uncertainty. According to the World Economic Outlook report released by IMF in IMF7 2014, IMF lowered its global growth forecast for this year by 0.3 percentage points, to 3.4%.

Faced with a complex domestic and international situation, the Chinese government proactively lowered economic growth targets to implement deep structural reforms, promoting measures to stabilize growth, advance reform, adjust structure, and improve people's livelihoods. The economy operated generally steadily, structural adjustment progressed steadily, and the momentum for transformation and upgrading was favorable. According to information from the National Bureau of Statistics, China's GDP in the first half of 2014 increased by 7.4% year-on-year.

According to the Analysis and Forecast Report on National Power Supply and Demand Situation in the First Half of 2014 released by the China Electricity Council, in the first half of 2014, the national power supply and demand were generally balanced, and power consumption demand grew steadily. Total societal electricity consumption increased by 5.3% year-on-year; investment in wind power increased significantly, with investment in the first half increasing by 48.3% year-on-year.