China's total electricity consumption year-on-year: This compares the total electricity consumption for this month with the growth rate for the same month last year. Note that this is not a global electricity consumption year-on-year comparison. Further explanation: China's total electricity consumption year-on-year: This compares the total electricity consumption for the current month with the same month last year, gauging the domestic economic situation. High growth rate: Economic recovery, increased risk appetite, indirectly positive for the currency; be wary of overheating leading to tightening. Low growth rate: Weak domestic demand; watch for subsequent domestic easing. Current understanding: I personally believe that year-on-year electricity consumption has decreased. What do you think? This is also negative data for finance, but the impact is not significant compared to CPI and non-farm payroll data. However, it is very important. What do you think? Leave your comments in the group chat; let's embark on a journey together.