Core Insights - In September, China's total electricity consumption reached 888.6 billion kWh, marking a year-on-year increase of 4.5% [1][3] - From January to September, total electricity consumption accumulated to 7,767.5 billion kWh, with a year-on-year growth of 4.6% [1][3] - The third quarter saw a total electricity consumption of 2.9 trillion kWh, with significant monthly increases, indicating a new phase in energy consumption scale [1][3] Electricity Consumption by Sector - In September, electricity consumption by sector showed varied growth: primary industry at 12.9 billion kWh (7.3% increase), secondary industry at 5,705 billion kWh (5.7% increase), and tertiary industry at 1,765 billion kWh (6.3% increase) [3][4] - Urban and rural residential electricity consumption decreased by 2.6% to 128.7 billion kWh [3][4] - The secondary industry contributed significantly to the overall growth, with a 5.1% increase in the third quarter, accounting for 51% of total electricity consumption growth [4] Policy Impact and Industrial Recovery - Government policies have positively influenced the recovery of the secondary industry, with a notable increase in electricity consumption due to various industry stabilization plans [4] - High-energy-consuming industries saw a 3.2% increase in electricity consumption in the third quarter, driven by traditional peak seasons and recovery in production [4] - High-tech and equipment manufacturing sectors experienced a 9.5% increase in electricity consumption, surpassing the average growth rate of the manufacturing sector [4] Tertiary Industry Performance - The tertiary industry maintained robust growth, with a 7.5% year-on-year increase in electricity consumption for the first three quarters and an 8.3% increase in the third quarter [5] - New infrastructure developments, such as electric vehicles and 5G, significantly boosted electricity consumption in information transmission and retail sectors, with growth rates of 18.3% and 11.7% respectively [5] - The internet and related services saw a remarkable 33.8% increase in electricity consumption, while electric vehicle charging services surged by 49.6% [5] Regional Electricity Consumption Trends - Electricity consumption growth varied significantly across regions, with provinces like Hainan (18.6%), Tibet (15.4%), and Jilin (14.9%) showing the highest increases in September [6] - In the third quarter, Tibet (14.7%), Jilin (11.9%), and Hebei (11.7%) led in electricity consumption growth [6] - High temperatures during the summer contributed to record levels of residential electricity consumption, exceeding 500 billion kWh in the third quarter [6] Residential and Manufacturing Sector Insights - Urban and rural residential electricity consumption grew by 5.6% in the first three quarters, with a 6.4% increase in the third quarter [7] - Several provinces, including Tibet and Jilin, reported manufacturing electricity consumption growth exceeding 5%, with Tibet achieving a remarkable 25.8% increase [7]

Core Insights - The total electricity consumption in China reached 10,226 billion kWh in July, marking a year-on-year growth of 8.6%, and the cumulative electricity consumption for the first seven months increased by 4.5% [1][5] Group 1: Industrial Sector - The transition from old to new energy sources in the industrial sector is accelerating, with high-tech and equipment manufacturing industries showing a higher growth rate in electricity consumption compared to the four major high-energy-consuming industries (chemicals, building materials, steel, and non-ferrous metals) [1][2] - In July, the electricity consumption of the secondary industry was 5,936 billion kWh, reflecting a year-on-year increase of 4.7%, which is 1.5 percentage points higher than June, indicating a steady improvement in industrial production [1] Group 2: Digital Economy - The electricity consumption of the tertiary industry grew by 7.8% in the first seven months, with the internet and related services sector experiencing a remarkable increase of 28.2% [3] - The rapid development of technologies such as big data, cloud computing, and artificial intelligence has made the digital economy a key variable driving the surge in electricity demand [3] Group 3: Energy Supply Structure - The energy supply structure is undergoing a transformation, with the average temperature in July reaching a historical high since 1961, leading to an 18.0% year-on-year increase in residential electricity consumption [4] - The country effectively managed a historical peak electricity load of 15.08 million kW without implementing orderly electricity consumption measures, showcasing improved energy security capabilities [4] - The installed capacity of renewable energy sources has surpassed that of thermal power, with non-fossil energy accounting for over 60% of the total installed capacity, indicating a significant acceleration in the green energy transition [4] Group 4: Overall Outlook - The historic milestone of surpassing 10 trillion kWh in monthly electricity consumption not only reflects the ability to respond to extreme weather but also illustrates the ongoing industrial upgrade and green transition [5] - The growth of emerging industries is expected to unleash greater potential for the Chinese economy in the future [5]

Core Insights - The National Electric Power Consumption Index (CNECI) for July 2025 indicates a significant increase in electricity consumption across various sectors, with an overall index of 139.9, reflecting a 39.9% growth compared to the 2020 baseline [1] Group 1: Overall Electricity Consumption - The national electricity consumption index for all industries reached 139.9, representing a 39.9% increase from the 2020 baseline, with an average annual growth rate of 6.9% and a year-on-year growth of 6.5%, which is 1.9 percentage points higher than the previous month [1] Group 2: Sector-Specific Electricity Consumption - The agriculture, forestry, animal husbandry, and fishery sector's electricity consumption index was 188.8, showing an 88.8% increase from the 2020 baseline, with an average annual growth of 13.6% and a year-on-year growth of 20.2% [2] - The manufacturing sector's electricity consumption index was 134.4, indicating a 34.4% increase from the 2020 baseline, with an average annual growth of 6.1% and a year-on-year growth of 3.1%, which is 1.0 percentage points higher than the previous month [2] - The service sector's electricity consumption index was 166.1, reflecting a 66.1% increase from the 2020 baseline, with an average annual growth of 10.7% and a year-on-year growth of 10.7%, which is 1.7 percentage points higher than the previous month [2] Group 3: High-Energy and High-Tech Industries - The four major high-energy-consuming industries had an electricity consumption index of 124.6, representing a 24.6% increase from the 2020 baseline, with an average annual growth of 4.5% and a year-on-year growth of 0.5%, which is 1.2 percentage points higher than the previous month [2] - The high-tech and equipment manufacturing sector's electricity consumption index was 154.5, showing a 54.5% increase from the 2020 baseline, with an average annual growth of 9.1% and a year-on-year growth of 7.3%, which is 1.4 percentage points higher than the previous month [2] - The information transmission, software, and IT services sector's electricity consumption index was 173.9, indicating a 73.9% increase from the 2020 baseline, with an average annual growth of 11.7% and a year-on-year growth of 18.9% [3] Group 4: Emerging Sectors - The charging and swapping service sector's electricity consumption index was 1039.1, reflecting a remarkable 939.1% increase from the 2020 baseline, with an average annual growth of 59.7% and a year-on-year growth of 43.6%, driven by the rapid development of electric vehicles [3]