瑞银:中国的人工智能发电量(5-6GW)与美国(40-45GW)相比并不高,这表明没有泡沫。。瑞银上调了对2020年代末中国电力需求的预测,预计2028年至2030年的年增长率约为8%,远高于市场普遍预期的4-5%。该行将更强劲的前景归因于人工智能相关数据中心消费的激增、出口驱动的工业活动和持续的电气化趋势。
UBS: China's AI power build-out (5–6GW) is modest vs U.S. (40–45GW), signalling no bubble..UBS has upgraded its forecast for China's electricity demand in the late 2020s, projecting annual growth of around 8% from 2028 to 2030 — significantly above the 4–5% market consensus. The bank attributes the stronger outlook to a surge in AI-related data-centre consumption, export-driven industrial activity, and ongoing electrification trends.