B2B drives market demand, with B2B spending representing 88.8% of total demand in 2023. State Grid Corp of China is the largest company in China, generating 43.7% of the industry’s total turnover value in 2023. The industry is concentrated, with the top five companies generating 63.6% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry decrease by 1.1% in 2023, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 20.7% of turnover in 2023, the 14th highest regionally. With turnover of USD1.3 trillion, China accounts for 70.7% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Electricity in China: ISIC 401. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity in China: ISIC 401 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Utilities and Recycling is an aggregation of Recycling; Collection and Distribution of Water; Manufacture and Distribution of Gas; Electricity; Sewage and Sanitation; Steam and Hot Water Supply
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