China: Total Electricity Consumption of the Whole Society (YTD Cumulative, MoM) - Tertiary Industry

Macro

2026-10-21

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Published by
Choice Eastmoney
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Monthly
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AI Data Insight

In Q3 2026, the month-over-month (MoM) growth rate of electricity consumption in China's tertiary industry was -14.06%, significantly widening the decline from the previous value of -1.28%, mainly reflecting the fading demand for summer cooling and climate impacts. However, the overall year-over-year (YoY) growth rate of this sector still reached 4.9%. In particular, charging and battery swapping as well as internet data services surged by over 35%, highlighting that green and digital transformations are continuously reshaping China's power consumption structure.

AI Data Insight

In Q3 2026, the month-over-month (MoM) growth rate of electricity consumption in China's tertiary industry was -14.06%, significantly widening the decline from the previous value of -1.28%, mainly reflecting the fading demand for summer cooling and climate impacts. However, the overall year-over-year (YoY) growth rate of this sector still reached 4.9%. In particular, charging and battery swapping as well as internet data services surged by over 35%, highlighting that green and digital transformations are continuously reshaping China's power consumption structure.

Description

-

Published by
Choice Eastmoney
Frequency
Monthly
Next Update