Core Insights - The "China Electrification Annual Development Report 2025" indicates that China's electrification rate is projected to reach 28.8% in 2024, surpassing major developed economies in Europe and the US, with an increase of 0.9 percentage points from the previous year [1] Regional Analysis - The electrification rates for various regions in China are as follows: Beijing-Tianjin-Hebei at approximately 21.4%, Yangtze River Delta at 34.1%, Guangdong-Hong Kong-Macau Greater Bay Area at 41.7%, and Chengdu-Chongqing Economic Circle at 29.5%. A total of 14 provinces and municipalities have electrification rates exceeding the national average [2] Industrial Sector Insights - The industrial sector's electrification rate is steadily increasing, expected to reach about 27.7% in 2024, up by 0.6 percentage points from the previous year. The four major high-energy-consuming industries have an electrification rate of approximately 18.4%, increasing by 0.1 percentage points. High-tech and equipment manufacturing industries have an electrification rate of about 64.7%, also up by 0.1 percentage points. Consumer goods manufacturing has an electrification rate of approximately 46.0%, increasing by 0.8 percentage points [2] Construction and Services Sector - The construction sector's electrification rate is projected to grow rapidly, reaching about 55.3% in 2024, an increase of 1.8 percentage points. The wholesale and retail, as well as accommodation and catering sectors, have an electrification rate of 61.8%, up by 1.1 percentage points [2] Transportation and Rural Electrification - The transportation sector's electrification rate is expected to reach about 6.5% in 2024, increasing by 0.7 percentage points. In rural areas, the electrification rate for agriculture and rural residents is projected to be 43.6%, up by 1.9 percentage points [2] Future Projections - The report anticipates that during the 14th Five-Year Plan period, the national electrification rate will maintain a steady growth trend with an average annual increase of about 1 percentage point, reaching approximately 35% by 2030. Low-carbon electrification development is expected to contribute over 80% to the growth of the national electrification rate [3]

Core Insights - The "China Electrification Annual Development Report 2025" was officially released at the 2025 New Power System Development Forum, indicating a steady growth in electrification rate during the 14th Five-Year Plan period [1] - The report projects that the national electrification rate will reach approximately 35% by 2030, with an average annual increase of about 1 percentage point [1] Group 1: Electrification Growth - The report highlights that the momentum for low-carbon electrification development is continuously strengthening [1] - It is expected that during the 14th Five-Year Plan period, the annual newly installed capacity of wind and solar power will exceed 200 million kilowatts [1] - The enhancement of green power production and supply capacity will play a crucial role in improving the electrification level, contributing over 80% to the growth of the national electrification rate [1]

Group 1: Electrification Rate Overview - The electrification rate in China is projected to reach approximately 28.8% in 2024, an increase of 0.9 percentage points from the previous year, with an expected rise to around 35% by 2030 [1] - Regional electrification rates for 2024 are as follows: Eastern region at about 31.6%, Central region at 27.5%, Western region at 29.3%, and Northeast region at 16.8%, with respective increases of 1.0, 1.1, 0.9, and 0.4 percentage points [1] - The Guangdong-Hong Kong-Macao Greater Bay Area's electrification rate is approximately 41.7%, exceeding Japan's rate by about 10 percentage points [1] Group 2: Industrial Electrification - The electrification rate in the industrial sector is expected to reach about 27.7% in 2024, up by 0.6 percentage points from the previous year [2] - High-energy-consuming industries have an electrification rate of approximately 18.4%, while high-tech and equipment manufacturing industries have a rate of about 64.7% [2] - The consumer goods manufacturing sector's electrification rate is around 46.0%, reflecting an increase of 0.8 percentage points [2] Group 3: Transportation and Rural Electrification - The transportation sector's electrification rate is projected to be about 6.5% in 2024, an increase of 0.7 percentage points [3] - The electrification rate for agriculture and rural residents is expected to reach 43.6%, with a significant increase of 1.9 percentage points [3] - The development of distributed photovoltaic systems in rural areas is advancing, with new models like "photovoltaics + agriculture" and integrated energy solutions emerging [3] Group 4: Low-Carbon Electrification - The trend towards low-carbon electrification is strengthening, with an expected annual addition of over 20 million kilowatts of wind and solar power capacity during the 14th Five-Year Plan period [3] - The enhancement of green electricity production and supply capabilities is anticipated to significantly support the increase in electrification levels, contributing over 80% to the growth of the national electrification rate [3]

Core Insights - China's electrification rate has surpassed 28%, exceeding that of major developed economies in Europe and the U.S. [1] - By 2030, the national electrification rate is expected to reach around 35%, which is 8 to 10 percentage points higher than the average of OECD countries [1] - The Guangdong-Hong Kong-Macao Greater Bay Area has the highest electrification rate in the country at 41.7% [1] Summary by Sections Current Electrification Status - The current electrification rate in China is over 28%, indicating that nearly 30% of total energy consumption will be electricity by 2024 [1] - The electrification level reflects the economic development and quality of life in a country or region [1] Future Projections - During the 14th Five-Year Plan period, the national electrification rate is projected to grow steadily at an average annual increase of about 1 percentage point [3] - If the electrification rate increases by 1 percentage point by 2025, it would require replacing 58 million tons of coal or 24 million tons of oil consumption with electricity [6] Market Opportunities - Each 1 percentage point increase in electrification will create substantial new electricity demand, necessitating significant investments in power supply, grid, and storage facilities [4] - The development of low-carbon electrification will stimulate new industries, business models, and energy scenarios, contributing to a green electricity economy [8] - By 2030, achieving a 35% electrification rate could lead to a market scale reaching trillions, significantly enhancing energy security [10]

Core Insights - The report indicates that China's electrification rate is projected to reach approximately 28.8% in 2024, an increase of 0.9 percentage points from the previous year, surpassing that of major developed economies in Europe and the US [1][2] - The report highlights regional disparities in electrification rates, with the eastern region at about 31.6%, central at 27.5%, western at 29.3%, and northeastern at 16.8% [1] - The report anticipates a steady growth in electrification rates during the 14th Five-Year Plan period, with an expected average annual increase of about 1 percentage point, reaching around 35% by 2030 [3] Regional Electrification Rates - In 2024, the electrification rates for key regions are as follows: Beijing-Tianjin-Hebei at approximately 21.4%, Yangtze River Delta at 34.1%, Guangdong-Hong Kong-Macao Greater Bay Area at 41.7%, and Chengdu-Chongqing Economic Circle at 29.5% [1] - The Guangdong-Hong Kong-Macao Greater Bay Area's electricity consumption is projected to be on par with Japan, with an electrification rate exceeding Japan's by about 10 percentage points [1] Sectoral Electrification Rates - The industrial sector's electrification rate is expected to reach about 27.7% in 2024, with high-energy-consuming industries at approximately 18.4% and high-tech and equipment manufacturing at around 64.7% [2] - The construction sector is projected to see a significant increase, with an electrification rate of about 55.3% in 2024, while the transportation sector is expected to reach approximately 6.5% [2] - Rural electrification is also advancing, with agricultural and rural residential electrification rates at 43.6% in 2024, reflecting a 1.9 percentage point increase from the previous year [2] Future Projections - The report forecasts that during the 14th Five-Year Plan period, the annual addition of wind and solar power capacity will exceed 20 million kilowatts, significantly contributing to the growth of electrification levels [3] - The contribution of low-carbon electrification development to the overall electrification rate growth is expected to exceed 80% [3]

新京报贝壳财经讯（记者朱玥怡）"2024年，我国电气化率约28.8%，较上年提高0.9个百分点，中国电 气化率已经高于欧美主要发达经济体。"9月24日贝壳财经记者获悉，中国电力企业联合会编制并发布的 《中国电气化年度发展报告2025》（"《报告》"）披露上述数据。 《报告》认为，"十五五"期间，全国电气化率将以年均约1个百分点的增幅保持稳步增长态势，预计到 2030年，全国电气化率将达到35%左右，超出OECD（经济合作与发展组织）国家平均水平8至10个百 分点。 绿色电力生产供应能力提升将对提高电气化水平发挥重要支撑作用。《报告》显示，低碳电气化发展对 全国电气化率增长的贡献度超过八成，预计"十五五"期间全国年均新增风电太阳能发电装机达到2亿千 瓦以上。 编辑 岳彩周 校对 柳宝庆 据贝壳财经记者了解，电气化是指将依赖化石燃料等非电能的设备、系统或过程转换为电力驱动的设 备、系统或过程。电气化的主要优点包括降低能源成本、提高能源效率和支持清洁、可再生能源转型。 《报告》显示，分地区看，目前我国东部、中部、西部、东北地区电气化率分别达到约31.6%、 27.5%、29.3%、16.8%，分别较上年提高1.0个 ...

Core Insights - The report predicts that the national electrification rate in China will reach approximately 35% by 2030, with an average annual increase of about 1 percentage point during the 14th Five-Year Plan period [1][2] Electrification Rate Overview - In 2024, China's electrification rate is expected to be around 28.8%, an increase of 0.9 percentage points from the previous year, surpassing that of major developed economies in Europe and the US [1] - Regional electrification rates in 2024 are projected as follows: Eastern region at approximately 31.6%, Central region at 27.5%, Western region at 29.3%, and Northeast region at 16.8%, with respective increases of 1.0, 1.1, 0.9, and 0.4 percentage points [1] - Specific economic zones show varied electrification rates: Beijing-Tianjin-Hebei at 21.4%, Yangtze River Delta at 34.1%, Guangdong-Hong Kong-Macau Greater Bay Area at 41.7%, and Chengdu-Chongqing Economic Circle at 29.5% [1] Sector-Specific Electrification Rates - The industrial sector's electrification rate is expected to reach about 27.7% in 2024, up by 0.6 percentage points, with high-energy-consuming industries at approximately 18.4% and high-tech and equipment manufacturing at 64.7% [2] - The construction sector is projected to see a significant increase, with an electrification rate of around 55.3% in 2024, an increase of 1.8 percentage points, and the wholesale and retail, as well as accommodation and catering industries, at 61.8% [2] - The transportation sector's electrification rate is expected to be about 6.5% in 2024, reflecting a 0.7 percentage point increase [2] Rural Electrification and Green Transition - The electrification rate for agriculture and rural residents is projected to be 43.6% in 2024, an increase of 1.9 percentage points, supported by the rapid development of distributed photovoltaic systems in rural areas [2] Low-Carbon Electrification Development - The report emphasizes the ongoing momentum in low-carbon electrification, with an expected annual addition of over 20 million kilowatts in wind and solar power installations during the 14th Five-Year Plan period, contributing significantly to the overall electrification rate growth [2]

Core Insights - The "China Electrification Annual Development Report 2025" indicates that China's electrification rate is projected to reach approximately 28.8% in 2024, an increase of 0.9 percentage points from the previous year, surpassing that of major developed economies in Europe and the US [1][2] Regional Electrification Rates - Electrification rates by region in China for 2024 are as follows: Eastern region at about 31.6%, Central region at 27.5%, Western region at 29.3%, and Northeast region at 16.8%, with respective increases of 1.0, 1.1, 0.9, and 0.4 percentage points from the previous year [1] - Specific economic zones show varied electrification rates: Beijing-Tianjin-Hebei at 21.4%, Yangtze River Delta at 34.1%, Guangdong-Hong Kong-Macao Greater Bay Area at 41.7%, and Chengdu-Chongqing Economic Circle at 29.5%, with increases of 0.4, 0.9, 0.9, and 1.6 percentage points respectively [1] Industrial Electrification Rates - The industrial sector's electrification rate is expected to reach approximately 27.7% in 2024, up by 0.6 percentage points year-on-year, with high-energy-consuming industries at about 18.4% and high-tech and equipment manufacturing at 64.7% [2] - The construction sector's electrification rate is projected to grow to about 55.3%, an increase of 1.8 percentage points, while the wholesale, retail, accommodation, and catering industries will see a rate of 61.8%, up by 1.1 percentage points [2] Low-Carbon Electrification Development - The report anticipates that during the 14th Five-Year Plan period, the annual increase in wind and solar power generation capacity will exceed 200 million kilowatts, significantly supporting the improvement of electrification levels [3] - Low-carbon electrification is expected to contribute over 80% to the growth of the national electrification rate [3]