AI Data Insight
Latest data reveals that the year-over-year (YoY) growth rate of China's tertiary industry electricity consumption climbed to 9.7% in May 2026 (Q2 2026), further expanding from the previous 8.9%. This rapid growth is primarily driven by explosive demand in internet data services and electric vehicle (EV) charging and swapping facilities, highlighting how new quality productive forces are accelerating the reshaping of the power consumption structure. Looking ahead, with the arrival of the summer peak consumption period and ongoing AI computing infrastructure development, power demand is expected to maintain a high-level tight balance.