AI Data Insight

The cumulative growth rate of China's primary industry electricity consumption in Q2 2026 dropped to -0.885%, significantly cooling down from the previous value of 6.19% in Q4 2025, and showing a significant divergence from market consensus. Compared to the surge in tertiary industry electricity consumption driven by AI and data centers, primary industry electricity consumption appears sluggish. Looking ahead, attention should be paid to the potential impact of extreme weather on agricultural electricity usage and its recovery momentum.

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