Private sector encouraged to invest in major energy projects


A technician checks solar panel products at a new energy tech company in Hefei, Anhui province. - RUAN XUEFENG/FOR CHINA DAILY

As the country's energy sector is shifting toward greater market-driven dynamics, private companies will be further encouraged to invest in energy development, utilization and infrastructure construction, according to China's top energy authority.

The government will continue promoting private sector involvement in major energy projects this year, including nuclear power, energy storage and smart grids, to deliver a more efficient and smooth operation of the market, according to the National Energy Administration.

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