Core Insights - In October, China's total electricity consumption reached 857.2 billion kilowatt-hours, marking a year-on-year growth of 10.4%, the first monthly increase exceeding 10% this year [1][5] Industry Breakdown - Primary Industry: Electricity consumption was 12 billion kilowatt-hours, with a year-on-year increase of 13.2%. The growth is attributed to the rising electrification in agriculture, including modern facilities and equipment [5][6] - Secondary Industry: This sector accounted for over 60% of total electricity consumption. The high-tech and equipment manufacturing industries saw an electricity consumption growth rate of 11.0%, with specific sectors like electrical machinery and automotive manufacturing achieving 19.8% and 17.6% growth, respectively [8][10] - Tertiary Industry: This sector experienced the fastest growth in electricity consumption. The internet data service industry, related to big data and AI, saw a remarkable increase of 46%. The accommodation and catering industry also grew by 18.4%, driven by the National Day and Mid-Autumn Festival holidays [12] Residential Consumption - Residential electricity consumption reached 115.5 billion kilowatt-hours, with a year-on-year increase of 23.9%. The growth was significantly influenced by temperature variations, particularly in regions experiencing high temperatures during October [5][14]
10.4%、新高！从10月份用电量增速看经济发展积极信号 新增长点涌现
Yang Shi Wang·2025-11-21 09:54