China Calls for More Private Capital in New Energy

Posted on May 14, 2010 | 18:05

The State Council said it encourages private investment in alternative energy industries including photovoltaic, wind and geothermal energy sectors in a document released May 13.

The State council will support private ownership or partially stake holdings in alternative energy projects in order to advance the development of the industry, according to the announcement. The government will open up the energy market and would promote pricing reforms in electricity.

Source: http://www.jlmpacificepoch.com/newsstories?id=1624687_0_5_0_M

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