AI Data Insight
According to the latest data, the cumulative year-over-year (YoY) growth rate of China's primary industry electricity consumption fell to 4.9% in May 2026, further declining from the previous value of 5.6% and showing a deceleration trend of five consecutive drops. Although emerging industries such as high-tech manufacturing and charging and battery-swapping services have boosted overall electricity consumption, the momentum of power demand expansion in the primary industry (agriculture, forestry, animal husbandry, and fishery) has clearly weakened.