On Monday, State Grid Corp pledged to ensure basic power supply and avoid electricity cuts. read moreThe power crunch has hurt production in industries across several regions of China and is dragging on the country’s economic growth outlook, analysts said. The National Energy Administration (NEA) has told coal and natural gas firms to ensure sufficient energy supplies to keep homes warm during winter. read moreLiaoning province said power generation had declined significantly since July, and the supply gap widened to a “severe level” last week. Last week, major coal producers in China met to try and resolve shortages and curb price increases.
