NEA: China's power consumption in Sept rises 4.5% YoY

China's electricity consumption reached 888.6 billion kilowatt hours (kWh) in September, up 4.5% year on year, according to data from the National Energy Administration (NEA). However, the figure was 12.5% lower than the 1,015.4 billion kWh consumed in August.

While the 4.5% on-year growth was mild, it still represented a steady increase in the country's energy demand against a backdrop of slowing global economic growth, analysts noted, citing the slowdown in industrial structural adjustments amid geopolitical tensions, tariff barriers, and state competition. In September, the secondary sector in China's