China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP
China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP

China’s power crisis: Zhejiang the latest province to float electricity prices after Beijing eases restrictions

  • China’s top economic planning agency said last week it was liberalising pricing in the state-controlled power market to help resolve an electricity crisis
  • Since then, Zhejiang and Guangdong have been the only local governments to alter prices, but other provinces are planning similar hikes

China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP
China’s top economic planning agency, the National Development and Reform Commission (NDRC), said it would loosen pricing in the state-controlled power market last week. Photo: AFP
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