
China's top economic planner Wednesday unveiled new measures to regulate electricity pricing at provincial power grids.
The measures clarified pricing, incentives and restraints for power grids, a National Development and Reform Commission statement said.
The new measures came after a previous move by the commission to supervise energy prices in terms of power grid costs.
Due to energy price decreases brought by the measures, enterprises nationwide have saved more than 180 billion yuan (about 26 billion U.S. dollars) in energy costs since 2015, the statement said.
Lowering corporate costs is one of the five main tasks of China's ongoing supply-side structural reform, along with cutting industrial capacity, reducing the housing inventory, cutting leverage and improving weak economic links.
Despite difficulties, policymakers have decided to stick with supply-side structural reform in 2017 in a bid to address entrenched problems and find long-term growth momentum.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses