Core Insights - In September, China's total electricity consumption reached 888.6 billion kWh, a year-on-year increase of 4.5% [1] - From January to September, total electricity consumption accumulated to 7,767.5 billion kWh, with a year-on-year growth of 4.6% [1] - The third quarter saw significant growth in electricity consumption, with a total of 2.9 trillion kWh, marking a new phase in energy consumption scale for China's economic development [1] Group 1: Electricity Consumption by Sector - In September, the first industry consumed 12.9 billion kWh, up 7.3% year-on-year; the second industry consumed 5,705 billion kWh, up 5.7%; the third industry consumed 1,765 billion kWh, up 6.3%; while urban and rural residential electricity consumption fell by 2.6% to 128.7 billion kWh [1] - The second industry's electricity consumption for the first three quarters was 4.91 trillion kWh, a year-on-year increase of 3.4%, with a notable recovery in the third quarter, growing by 5.1% [2] - The manufacturing sector's electricity consumption in the third quarter increased by 5.2%, with 17 provinces reporting growth rates exceeding 5% [2] Group 2: Growth Drivers - The growth in the second industry's electricity consumption was driven by a series of government policies aimed at stabilizing growth, particularly in sectors like electronics, automotive, and steel [2] - High-tech and equipment manufacturing sectors saw a significant increase in electricity consumption, with a 9.5% year-on-year growth in the third quarter, surpassing the average growth rate of the manufacturing sector [3] - The third industry's electricity consumption grew by 8.3% in the third quarter, supported by rapid development in new energy vehicles and infrastructure [4] Group 3: Residential Electricity Consumption - The average temperature in the third quarter was historically high, leading to a record residential electricity consumption exceeding 500 billion kWh [5] - Residential electricity consumption for the first three quarters increased by 5.6%, with a 6.4% increase in the third quarter [5] - Several provinces, including Tibet and Ningxia, reported residential electricity consumption growth exceeding 10% due to higher average temperatures [5]