National Development and Reform Commission:Continue to reduce the general industrial and commercial electricity prices by 5%

     On July 28th ,four departments -- the National Development and Reform Commission, the Ministry of Industry and Information Technology of the People's Republic of China, the Ministry of Finance and the People's Bank of China -- issued a notice on doing a good job in cutting costs by 2020. 

     Among them, it was pointed out that the General Industrial and commercial electricity price should continue to be lowered, and that the current average industrial, commercial and large industrial electricity price should be reduced by 5 percent to the end of the year.

     The second regulatory cycle of the provincial and regional power grid transmission and distribution price verification, to guide the implementation of coal-fired power generation feed-in tariff formation mechanism, to carry out price reform-related policy tracking assessment. We will expand the market-oriented trading scale of electricity.

      In addition, "notice" pointed out that the development of a scientific and reasonable "14th five-year plan" total energy consumption control indicators, improve the assessment system and trading system of energy rights. Avoiding and correcting "one-size-fits-all" decoal policy.

      To guide the local clean-up standard gas pipeline charges, strict cost supervision and examination. Guide all localities according to needs, the adoption of upstream and downstream linkage, as far as possible to reduce the cost of gas for non-residents.