Data from China today showed electricity consumption jumped in February and COVID further eased and holidays ended.

Power usage is regarded as a key indicator of economic activity.

Total February power use in China +11% y/y

  • electricity consumed by the secondary industry +19.7% y/y
  • consumption in the primary and tertiary industries +8.6% and +4.4% y/y, respectively
  • residential power consumption-9.2% y/y

For the two months January & February power use +2.3% y/y


Data from China's National Energy Administration

asia night light 16 March 2023