AI Data Insight
Latest data shows that in Q2 2026 (2026-04-01), the month-over-month (MoM) growth rate of China's industrial electricity consumption dropped to -2.17%, significantly pulling back from the previous value of 4.79% (Q4 2025) and turning into a contraction. Although high-tech and equipment manufacturing electricity consumption maintained double-digit year-over-year growth, the MoM decline highlights that traditional industrial production momentum faces structural adjustment pressures in the short term.