介绍:
China is going to expand its power pricing reform nationwide next year following a two-year pilot period in several regions.
The reform was first rolled out in Shenzhen in 2014.
It was then introduced in five more regions last year.
The reform aims to remove official interference in price determination and grant the market a decisive role.
The current controls on electricity prices allow state-owned power grid companies to make unreasonably large profits and adds to the burden of power users.
Under the reform, it's anticipated prices will go down.
The National Development and Reform Commission has estimated that about 5.6 billion yuan or some 854 million U.S. dollars will be saved by enterprises in the five regions under the pilot.
大家还在听
