Home » Li Keqiang Meets with Envoys of 28 Countries to China Proclaiming to Guarantee Electricity Supply | Power Limitation | NTD Chinese TV Online

Li Keqiang Meets with Envoys of 28 Countries to China Proclaiming to Guarantee Electricity Supply | Power Limitation | NTD Chinese TV Online

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Beijing time:2021-10-01 02:20

[NTD News October 01, 2021, Beijing time]When power rationing occurred in many places in mainland China, Premier Li Keqiang of the State Council of the Communist Party of China met with 28 new envoys to China, saying that energy and power supply will be guaranteed. Some analysts indicate that the mainland has curtailed power production and stopped production, and the seven major industries have become the hardest hit areas. Li Keqiang’s propaganda is that he is worried that the electricity shortage will affect companies from all over the world to invest in China.

CCTV said that on the afternoon of September 30, Li Keqiang met with 28 newly appointed envoys to China in the Great Hall of Beijing, saying that China will maintain the continuity and stability of macroeconomic policies, and make pre-adjustment, fine-tuning and cross-cyclical adjustments to stabilize the market’s reasonable expectations.

He said that it will maintain the stability of the industrial chain supply chain, ensure the supply of energy and power, ensure basic people’s livelihood, and ensure that the economy operates within a reasonable range; promote high-level opening to the outside world, create a market-oriented, legalized, and international business environment, and adhere to domestic and foreign investment Enterprises are treated equally, promote fair competition, and enterprises from all countries are welcome to invest in China.

Li Keqiang mentioned “energy and power supply” in his speech.

It is reported that recently, more than ten provinces including Jiangsu, Guangdong, Zhejiang, Liaoning, and Jilin in mainland China have implemented power curtailment measures. Some companies have shut down and shut down operations, which have also affected people’s livelihood power consumption.

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Taiwan’s researcher Fang Yashen recently wrote in the “Xiantan Investment Weekly 2163” that the mainland’s electricity curtailment has hit local manufacturing industries. Among Taiwanese companies, printed circuit boards (PCBs), heat dissipation, passive components, shoemaking, cables, machinery, and rubber The seven major groups spanning electronics and traditional industries have become the hardest hit areas, even affecting the shipments of international brands such as Apple, Nike, and Adidas.

The article stated that what industrial production cares most is whether the power supply is sufficient. The power supply in mainland China is unstable. Whether it’s a two-day holiday or a four-day holiday, it will have a major impact on factory production and shipments.

Fang Yashen believes that once the world‘s factories (mainland China) increase the price of output products, it will be reflected in the sales of various countries. It must be an increase in prices. Consumers must buy goods at higher prices, and inflation will gradually form.

It is reported that Goldman Sachs (Goldman Sachs) estimated last month that China’s monthly GDP growth forecast for the third quarter was lowered to 0 from the previous 1.3%, and it also lowered its forecast for the fourth quarter from 8.5% to 6%. The third-quarter annual growth forecast was revised down from 5.1% to 4.8%, and the fourth-quarter growth forecast was revised down from 4.1% to 3.2%.

(Reporter Li Jinfeng Comprehensive Report / Chief Editor: Li Quan)

The URL of this article: https://www.ntdtv.com/gb/2021/10/01/a103231365.html

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