China's power consumption is expected to grow at a slower pace this year, the China Electricity Council (CEC) said in a recent report, citing multiple factors.&nbsp;<br /> <br /> The growth rate of nationwide power consumption is predicted to 7% in 2014, lower than 7.5% in 2013, the CEC said on February 24.<br /> <br /> The slowdown is mainly due to factors including the overall economic growth, air pollution prevention and energy-saving and emissions reduction drive, elimination of excess capacity in steel and other energy-guzzling industries, and a higher power use basis resulting from persistent high-temperature during last summer, the report said.<br /> <br /> The country's installed power capacity will reach 1.34 TW by the end of 2014, up 7.2% year on year, with newly-added capacity expected to hit 96 GW during the year.<br /> <br /> China's installed power capacity surpassed the U.S. to be the world’s first with 1.25TW at the end of 2013.<br /> <br /> <p> China's electricity consumption, a key indicator of economic activity, rose 7.5% year on year to 5320 TWh in 2013, the National Energy Administration said earlier this month. </p> <p style="text-align:center;"> <img src="/upfiles/news/image/20140227/20140227115038_3937.jpg" alt="" /> </p>