AI Data Insight
The latest data shows that China's tertiary industry electricity consumption experienced a strong rebound in April 2026 (Q2), with the cumulative MoM growth rate reaching 12.33%, significantly outperforming the previous value of -5.25%. Benefiting from the demand for AI computing power and the rising penetration rate of electric vehicles, internet data and charging/battery-swapping services have become the main drivers. Moving forward, close attention should be paid to power dispatching during the summer peak load period and the actual recovery strength of domestic demand and consumption.