AI Data Insight
Latest data shows that in August 2026, the cumulative year-on-year growth rate of industrial power consumption in China's secondary industry dropped to 4.6%, a slight decline from the previous value of 4.9%. Although the overall growth rate has converged, power consumption in high-tech equipment and new energy vehicle (NEV) manufacturing recorded strong double-digit growth, reflecting a "new rising, old declining" pattern in the manufacturing sector, which continues to provide support for the overall economy.