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China Daily | Updated: 2015-09-02 08:38
Governments and policies
$315b earmarked for power infrastructure
China will spend at least 2 trillion yuan ($315 billion) on improvements to its power grid infrastructure over the next five years, according to official reports. Despite falling power consumption growth, the authorities are now working to upgrade its national transmission capacity, in an effort to reduce coal consumption along the smog-hit eastern coast, particularly, and provide opportunities for energy producers in the resource-rich far west, where electricity demand is considerably weaker.
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