In 2023, electricity consumption in China's manufacture of articles for cultural, education, and sport activity stood at approximately 100. The forecast from 2024 to 2028 shows a steady increase in consumption, with an average Compound Annual Growth Rate (CAGR) of around 2.9%. Year-on-year growth ranges from about 3% to 2.8%, reflecting a stable upward trend.
Future trends to watch for include:
- Technological advancements that enhance energy efficiency.
- Policy shifts promoting renewable energy integration.
- Potential fluctuations in China’s economic growth impacting manufacturing demand.
- Global trade dynamics influencing production scale.
