Comments from NDRC official:
- China has around 200bn yuan of unspent fiscal funds
And:
- China to start more pilots for power price reforms
- To establish platform for power trading
- To encourage private investment in power market
China is trying to make its electricity sector more open to market forces. Prices are currently set by the government, but reforms are being planned to allow a power trading market.
Reuters reporting the comments. AUD still flatlining.
