Free Trial

The cost of power for Chinese...........>

CHINA PRESS
CHINA PRESS: The cost of power for Chinese manufacturers could be reduced by
CNY50-60 billion with telecommunications costs coming down by CNY60 billion,
according to a report in the Securities Daily. The forecasts were made Liu
Xiangdong, the deputy director of the Economic Research Department at the China
Center for International Economic Exchanges. The Daily also cited Zhang Yiqun, a
member of the Society of Public Finance of China, who said that having reached a
certain scale already, tax reductions for the manufacturing sector would be
focused on cutting the cost of power, communications and transportation. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.