Author(s)

Chaoyuan Li, Yongqi Yang, Wanlei Xue

Corresponding Author

Yongqi Yang

ABSTRACT

At present, "new normal" is widely used for China's economic development, thus the economic growth has gradually changed from high-speed growth to medium high-speed growth. The key point to further promote China's economic construction is to give full play to pull effect of new kinetic industries on economic growth and improve the quality of economic development. Based on the grey theory, this paper constructs a correlation analysis model, studies the correlation between the economic growth and electricity consumption growth of each new kinetic energy industry, analyses the contribution of each new kinetic energy industry to economic growth, and provides a scientific basis for the government’s policy making.

KEYWORDS

Correlation analysis, grey theory, new kinetic energy industry