AI Data Insight
The latest data for Q2 2026 shows that the cumulative MoM growth rate of China's secondary industry electricity consumption strongly rebounded to 3.0265%, showing a significant turnaround from negative to positive compared to the previous value of -2.1724%. Benefiting from the export drive of high-tech equipment and new energy vehicles, manufacturing electricity consumption has significantly recovered, but it also highlights the "hot outside, cold inside" K-shaped economic characteristic under weak domestic demand. In the future, close attention must be paid to tariff barriers and domestic demand policy trends.