China's Guangdong to hike electricity prices amid power shortage
Beijing [China], September 30 (ANI): Amid rising concerns over a power shortage in the country, China's manufacturing powerhouse Guangdong Province said it will widen the "peak-to-valley" price difference and hike peak electricity prices by 25 per cent for industrial users.
Chinese state media Global Times reported that this power shortage threatens to weigh down industrial production in the coming months.
The hike in pea