China's Industrial Power Generation Rises 7.9% YoY in October to 800.2 Billion kWh

Stock News
Nov 14, 2025

China's industrial power generation saw accelerated growth in October, with above-scale industrial enterprises generating 800.2 billion kilowatt-hours (kWh), marking a 7.9% year-on-year increase—6.4 percentage points faster than September's growth rate. The daily average output reached 25.81 billion kWh. From January to October, total power generation reached 8.06 trillion kWh, up 2.3% year-on-year.

The National Bureau of Statistics (NBS) reported steady energy production growth in October, with coal output remaining at high levels while crude oil and natural gas production expanded steadily.

**Coal, Crude Oil, and Natural Gas Production** - **Coal**: October output stood at 410 million metric tons, down 2.3% YoY, with a daily average of 13.12 million tons. Cumulative output for January-October reached 3.97 billion tons, up 1.5% YoY. - **Crude Oil**: Production rose 1.3% YoY to 18 million tons in October, slowing by 2.8 percentage points from September. Daily output averaged 581,000 tons. Year-to-date production reached 180.64 million tons, up 1.7% YoY. - **Oil Processing**: Refineries processed 63.43 million tons of crude in October, up 6.4% YoY, averaging 2.046 million tons daily. Cumulative processing volume for the first ten months hit 614.24 million tons, up 4.0% YoY. - **Natural Gas**: Output grew 5.9% YoY to 22.1 billion cubic meters in October, slowing by 3.5 percentage points from September. Daily output averaged 710 million cubic meters. Total January-October production rose 6.3% YoY to 217 billion cubic meters.

**Power Generation Breakdown** Thermal power rebounded to a 7.3% YoY increase in October (from a 5.4% decline in September). Hydropower grew 28.2% (slowing by 3.7 percentage points), nuclear power rose 4.2% (accelerating by 2.6 percentage points), while wind power output fell 11.9% (widening the decline by 4.3 percentage points). Solar power generation increased 5.9%, though growth slowed by 15.2 percentage points from September.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10