OIES – China Energy Monthly, Feb 2026

This report analyzes China's energy sector developments and economic conditions in 2025 with an outlook into 2026.

It covers energy demand, supply, and geopolitical-economic relations affecting the energy market. Key points include the fragile truce in US-China relations, China's 5% economic growth driven by exports and new energy production, concerns about real estate and consumer demand, growth in power demand aligned with GDP, record wind and solar capacity additions, slight gas use increase with declining LNG imports, challenges in industrial activity, declining coal imports and thermal power generation, and government focus on power generation flexibility and electrification trends in freight transport.