AI Data Insight
In May 2026, the month-over-month (MoM) growth rate of electricity consumption by urban and rural residents in China reached 14.77%, a significant jump from 9.88% in the previous month, demonstrating extremely high consumption resilience. Benefiting from the effectiveness of the home appliance trade-in policy and rising temperatures, residential electricity consumption has entered its peak season. Meanwhile, strong power demand from new infrastructure, such as internet data services and EV charging/battery swapping, has become a structural highlight of overall power expansion.