- China to Expand Direct Power Supply Trial
A specific regulation on transmission fees will take effect in the second half of this year, which will integrate various direct-sale measures initiated by local governments.
- Sinopec to Buy Swiss Oil Explorer Addax
Addax's board recommended shareholders accept the offer and senior executives have entered a lock-up agreement to sell their 38 percent holding to the Chinese firm.
- China May Power Consumption Down 2.58%
Expert said that the smaller fall in May indicates power use is beginning to stabilize after months of sharp decline since the end of last year.