AI Data Insight
The latest month-over-month (MoM) growth rate of China's industrial electricity consumption in the third quarter of 2026 plummeted to -5.18%, marking a significant reversal from the previous 0.16%. Although official data indicates that electricity consumption in high-tech and equipment manufacturing maintained its expansion, the short-term momentum of overall industrial electricity consumption faces significant contraction pressure due to weak traditional domestic demand and extreme weather disruptions.