Home Energy conservation Chinese Companies Struggle Due to Power Outages, But Corrective Actions Underway –...

Chinese Companies Struggle Due to Power Outages, But Corrective Actions Underway – Global Times

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(October 11): Chinese companies and factories in some areas, including the country’s main small commodity export hub in Yiwu, east China’s Zhejiang Province, have difficulty producing and to deliver products to customers on time due to restrictions on the use of electricity amid a shortage, local industry insiders told the World time Monday.

The situation reflects the negative impact of recent electricity restrictions on the country’s manufacturing and export sectors. However, industry insiders said the challenges are temporary and the impact will be controlled as authorities and businesses are already grappling with and dealing with the situation. They also noted that the restrictions are limited to certain areas rather than the whole country.

Premier Li Keqiang chaired a meeting of the National Energy Commission on Saturday, in which he called for an overhaul of a “one-size-fits-all” approach to electricity and generation restrictions or a reduction in power generation. ‘countryside-type’ carbon emissions to ensure residents in northern China have a warm and safe winter, Chinese media group reported Monday.

At the meeting, which focused on energy reforms and development plans for the 14th five-year plan (2021-25), the prime minister also called for an increase in the proportion of clean energy, noting that Market-based mechanisms should be used more. to push for energy conservation, emission reductions and carbon reduction, and to improve green development capacities.

In recent days, an unprecedented power shortage has hit a number of Chinese provinces and cities, with regions imposing various restrictions on the use of electricity by businesses. Some provinces, like Sichuan in southwest China, have only ended the unnecessary use of electricity, but some provinces, like Jiangsu and Zhejiang in eastern China, restrictions affect more sectors, World time reported.


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