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

Macro

2026-07-16

Description

-

Published by
Choice Eastmoney
Frequency
Monthly
Next Update

AI Data Insight

In May 2026, China's cumulative monthly growth rate of electricity consumption in the tertiary industry reported 9.15%, slowing down from the previous month's 12.33% but still firmly remaining at a high level. Although there is a statistical discrepancy with the officially announced cumulative increase, the underlying data shows an explosive surge in electricity consumption by charging/battery swap services and data centers. The proliferation of AI computing power and new energy vehicles continues to gain momentum, becoming the core engines supporting the electricity consumption growth in the service sector.

AI Data Insight

In May 2026, China's cumulative monthly growth rate of electricity consumption in the tertiary industry reported 9.15%, slowing down from the previous month's 12.33% but still firmly remaining at a high level. Although there is a statistical discrepancy with the officially announced cumulative increase, the underlying data shows an explosive surge in electricity consumption by charging/battery swap services and data centers. The proliferation of AI computing power and new energy vehicles continues to gain momentum, becoming the core engines supporting the electricity consumption growth in the service sector.

Description

-

Published by
Choice Eastmoney
Frequency
Monthly
Next Update