No electricity crisis in China: CEC
Updated: 2011-05-27 14:45
By Ben Yue (chinadaily.com.cn)
The China Electricity Council (CEC) denied there is a countrywide electricity crisis, calling the situation a "regional, seasonal, occasional" shortage, China News Agency reported on Thursday.
Industries which consume high amounts of energy sparked the shortage. Insiders said those industries – which together used 30 percent of the energy consumed nationwide – will be the first target for the government's power rationing, China Securities Journal reported on Friday.
The newspaper also said people in the market are worried that a cut in energy may lift the prices of their products.
Experts from the CEC said they want to improve the cross-regional grid, which can quickly transport electricity generated in China's western regions to other regions across the country.
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