China's electricity prices for industrial consumers depend
upon the category of industry, type of electricity usage, and
region where it is located. China Briefing briefly offers a rundown
of how the power rates are fixed in the country.
The cost of electricity consumption is an important factor of
production for businesses in the industrial sector, especially in
high energy-consuming industries, such as iron, steel, non-ferrous
metals, building materials, and chemical industries.
Although China is losing its edge in some labor-intensive sectors, it is moving up the
value chain in the manufacture of higher-technology products. To lower
electricity costs for manufacturing, the Chinese government has
rolled out measures from time to time to bring down the general
industrial power rates.
