50% Hike in Electricity Charges for Obsolete Industries in 3 Years
Starting from 1 October 2006, the government has increased the unit charge of electricity on enterprises under the eliminated category from Rmb0.05 to Rmb0.1, while the increase on enterprises under the restricted category was from Rmb0.02 to Rmb0.03. Differentiated pricing will continue to be applied to six industry sectors, namely electrolytic aluminium, iron alloy, calcium [...]