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China Power Regulator Says Must Consider Inflation for Electricity Prices

China Power Regulator Says Must Consider Inflation for Electricity Prices

Write: Clarissa [2011-05-20]

China must consider inflation when deciding if to raise electricity prices, Wang Xudong, chairman of the State Electricity Regulatory Commission, told reporters at a meeting being held in Beijing as part of the National People s Congress.

The power regulator supports solar power development, Wang said. Solar power companies should advance technology in a bid to reduce costs, Wang said.