Group 1 - In July, the total electricity consumption in China increased by 8.6% year-on-year, with a significant month-on-month growth of 17.9%, indicating a recovery in electricity demand [1] - The electricity consumption in the primary industry reached 17 billion kWh, growing by 20.2%, while the secondary industry consumed 5,936 billion kWh, growing by 4.7%, and the tertiary industry consumed 2,081 billion kWh, growing by 10.7% [1] - The electricity consumption for urban and rural residents reached 2,039 billion kWh, with a growth rate of 18.0%, driven by high temperatures in July [2] Group 2 - The high-tech and equipment manufacturing sectors saw a 4.6% increase in electricity consumption from January to July, outpacing the overall secondary industry growth by 1.8 percentage points [2] - The internet and related services industry experienced a remarkable 28.2% increase in electricity consumption from January to July, supported by the rapid development of mobile internet, big data, and cloud computing [2] - The electricity consumption in the electric vehicle charging and swapping service industry surged by 42.6% due to the rapid growth of electric vehicles [2] Group 3 - In July, the industrial power generation from large-scale enterprises increased by 3.1% year-on-year, with a daily average generation of 298.9 billion kWh [3] - The growth rate of industrial thermal power generation was 4.3%, which was 3.2 percentage points higher than in June, while hydropower generation saw a decline of 9.8% [3] - Solar power generation in the industrial sector grew by 28.7%, with an acceleration of 10.4 percentage points compared to June [3]
国证国际:电力需求累计增速持续回升 建议投资者把握中国电力(02380)等