China Grid Spending Hits Record as Beijing Tackles Bottlenecks
Stocks in the sector have attracted interest on rising demand tied to AI data center buildouts.
Photographer: Qilai Shen/BloombergChina’s grid spending hit a record last year and is set to rise steadily through 2030, underscoring Beijing’s push to ease transmission bottlenecks.
Grid investment climbed 5% to 639.5 billion yuan ($92 billion) in 2025, according to data from the China Electricity Council. Spending on new-generation power capacity, by contrast, has faced constraints from a solar slowdown, official data for the first 11 months of the year showed.