AI Data Insight
In May 2026, the year-on-year growth rate of China's urban and rural residential electricity consumption reached 7.5%, a significant expansion from 6.0% in April, mainly driven by a surge in cooling demand caused by early high temperatures. Meanwhile, total electricity consumption of the whole society maintained a steady growth of 6.9%, with electricity consumption in internet data services and charging/battery-swapping sectors soaring by over 40%, highlighting the strong boost in power demand from the AI and electric vehicle industries.