A method for reducing user equipment, UE, power consumption, wherein the method comprises: obtaining, by a UE, a network configuration parameter of the UE from a network connected to the UE, wherein the UE is an electronic device that supports a 5th generation mobile communications technology non-standalone, 5G NSA, networking mode or a 5th generation mobile communications technology standalone, 5G SA networking mode; determining (S202, S1002), by the UE, whether a value of the network configuration parameter of the UE is less than a set threshold, wherein the value being less than the set threshold is used to indicate that an Internet speed of the UE is limited; and if the value of the network configuration parameter of the UE is less than the set threshold, starting (S203, S1003), by the UE, a power consumption reduction procedure, wherein: when the UE is in the 5G NSA networking mode, the network configuration parameter of the UE comprises an access point name-aggregate maximum bit rate, APN-AMBR, parameter, wherein the APN-AMBR is an upper limit of a sum of bit rates of all non-guaranteed bit rate, non-GBR, bearers of an access point name, APN, the APN-AMBR, which is specific to an APN, is used as a subscription parameter of each APN to limit a cumulative bit rate of all public data network, PDN, connections in a same APN, and a value of the APN-AMBR parameter indicates an Internet speed allocated by a network operator to the UE; or when the UE is in the 5G SA networking mode, the network configuration parameter of the UE comprises an aggregate maximum bit rate parameter of each session, Session-AMBR, wherein the Session-AMBR is an upper limit of a sum of bit rates of all non-GBR quality of service, QoS, flows of a protocol data unit, PDU, session, and a value of the Session-AMBR parameter represents an Internet speed allocated by a network operator to the UE. obtaining, by a UE, a network configuration parameter of the UE from a network connected to the UE, wherein the UE is an electronic device that supports a 5th generation mobile communications technology non-standalone, 5G NSA, networking mode or a 5th generation mobile communications technology standalone, 5G SA networking mode; determining (S202, S1002), by the UE, whether a value of the network configuration parameter of the UE is less than a set threshold, wherein the value being less than the set threshold is used to indicate that an Internet speed of the UE is limited; and if the value of the network configuration parameter of the UE is less than the set threshold, starting (S203, S1003), by the UE, a power consumption reduction procedure, wherein: when the UE is in the 5G NSA networking mode, the network configuration parameter of the UE comprises an access point name-aggregate maximum bit rate, APN-AMBR, parameter, wherein the APN-AMBR is an upper limit of a sum of bit rates of all non-guaranteed bit rate, non-GBR, bearers of an access point name, APN, the APN-AMBR, which is specific to an APN, is used as a subscription parameter of each APN to limit a cumulative bit rate of all public data network, PDN, connections in a same APN, and a value of the APN-AMBR parameter indicates an Internet speed allocated by a network operator to the UE; or when the UE is in the 5G SA networking mode, the network configuration parameter of the UE comprises an aggregate maximum bit rate parameter of each session, Session-AMBR, wherein the Session-AMBR is an upper limit of a sum of bit rates of all non-GBR quality of service, QoS, flows of a protocol data unit, PDU, session, and a value of the Session-AMBR parameter represents an Internet speed allocated by a network operator to the UE.