用电量连破万亿，正在印证制造升级的基本盘

Core Insights - In August, China's total electricity consumption reached 10,154 billion kilowatt-hours, marking a year-on-year increase of 5.0%, and achieving a historical high for the second consecutive month [1][2][3] Electricity Consumption by Sector - The primary industry consumed 164 billion kilowatt-hours, up 9.7% year-on-year [1][5] - The secondary industry consumed 5,981 billion kilowatt-hours, with a year-on-year growth of 5.0% [1][5] - The tertiary industry consumed 2,046 billion kilowatt-hours, reflecting a year-on-year increase of 7.2% [1][5] - Urban and rural residential electricity consumption was 1,963 billion kilowatt-hours, growing by 2.4% year-on-year [1][5] Economic Factors Influencing Electricity Demand - The high electricity consumption is attributed to extreme summer temperatures and a recovering macroeconomic environment, which has led to increased production capacity across various industries [2][3][4] - Manufacturing electricity consumption rose by 5.5% in August, the highest monthly growth this year, with significant recovery in sectors like steel, building materials, and chemicals [3][4] Growth in High-Tech and Equipment Manufacturing - High-tech and equipment manufacturing sectors showed resilience, with a year-on-year electricity consumption growth of 9.1%, surpassing the average growth rate of the manufacturing sector [3][6] - The electricity consumption in the new energy vehicle manufacturing sector grew by 23.0% year-on-year, indicating strong vitality in advanced manufacturing [6][7] Trends in Service Sector Electricity Consumption - The information transmission, software, and IT services sector saw a 15.8% increase in electricity consumption, driven by the rapid development of digital technologies [7] - The electric vehicle charging services sector experienced a remarkable growth of 44.1% in electricity consumption, reflecting the impact of the electric vehicle boom [7]