consumption

A recent global energy-demand forecast called for growing consumption of oil and gas.

According to the International Energy Agency, data centres use up to 30% of their electricity consumption on cooling.

"You have to adapt to the culture, to tastes and consumption habits," David said.

These smaller urban centers now account for over 57% of China’s total consumption, fueled by digital commerce adoption and lower housing costs that free up budgets for other spending.

In the grand narrative of China’s economic pivot toward consumption, the spotlight has long hovered over megacities such as Beijing and Shanghai.