AI Data Insight
China's latest released cumulative YoY growth rate of electricity consumption in the secondary industry for Q3 2026 was 4.4%, a slight decline from the previous 4.7%. Although the overall growth rate has slowed slightly, the electricity consumption of high-tech and equipment manufacturing industries has shown strong contrarian growth, reflecting the continuous upgrading of the industrial structure. Driven by AI data centers and the new energy vehicle industry chain in the future, new productive forces will provide solid support for medium- and long-term electricity demand.