China's electricity consumption surges

China's electricity consumption, a key barometer of economic activity, logged robust expansion from January to February, according to the National Energy Administration.

The power use in the first two months of 2024 climbed 11 percent year-on-year to 1.53 trillion kilowatt-hours, the administration said on Wednesday. Power consumed by primary and secondary industries went up 11.1 percent and 9.7 percent year-on-year, respectively, while power used by the tertiary sector soared 15.7 percent year-on-year, it said.

Meanwhile, China's residential power use registered a 10.5 percent increase from the same period last year, the data revealed.