Caixin
Jan 30, 2015 07:05 PM

Taking the Next Step in Power Industry Reform

The Shenzhen pilot to reform electricity transmission prices is small but remarkable step in China's power sector reform.

Price reform is the foundation of long-anticipated changes that are aimed at liberalizing electricity generation and sales, while putting grids under effective supervision. Clear pricing mechanisms for transmission and distribution are the precondition for this oversight.

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