The story appears on

Page A9

July 27, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Energy

Power reform to cut costs

CHINA will cut 118 billion yuan (US$17.5 billion) from the cost of transmitting and distributing electricity by removing irrelevant assets and expenditures, the National Development and Reform Commission said yesterday.

Around 14.5 percent of the expenditures are “unreasonable or irrelevant to power distribution ... equaling 118 billion yuan,” said Zhang Manying, a NDRC spokesman.

As well as the reduction, China’s electricity reform also aimed to create a more transparent pricing system.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend