AI Data Insight
According to the latest data, the year-over-year growth rate of China's secondary industry electricity consumption in Q3 2026 dropped to 1.7%, further slowing from the previous value of 2.4%. Although traditional industrial electricity use is under pressure dragged down by the property market, electricity consumption in high-tech and equipment manufacturing maintains steady growth, reflecting that the structural transformation of China's economy characterized by "the rise of the new and the decline of the old" is continuing to take effect.