In 2021，China’s GDP will increase by 8.1% year-on-year，China’s economic slowdown since the outbreak has been mainly dragged down by final consumption expenditures，and external demand has played a positive role. That is to say，in 2021，the foreign epidemic will repeatedly exacerbate the tension of the global supply chain，my country’s domestic exports will increase more than expected，production electricity demand will exceed expectations for many consecutive months，the electricity consumption of the secondary industry will increase by more than 10% year-on-year，far exceeding the GDP growth rate over the same period. At the same time，from the demand side，electricity demand is closely related to economic growth，which basically keeps pace with GDP growth，and the secondary industry consumes the largest amount of electricity. From the perspective of supply，the domestic power generation structure in 2021 will still be dominated by thermal power，hydropower，wind power，nuclear power，and photovoltaics as the five most important power generation methods. Finally，under the “dual carbon” goal，the installed capacity and power generation of new energy sources（mainly wind power and photovoltaics）have increased significantly. In the whole year of 2021，whether it is new energy power generation or traditional thermal power，the market performance will greatly exceed the market broad-based index.