China's Manufacturing Power Struggles: Seeking Lower Energy Costs to Support Exporters

In a significant initiative to bolster its struggling manufacturing sector, China is taking steps to address the rising energy costs that have been undermining the competitiveness of its exporters. As the world's second-largest economy grapples with a downturn in foreign demand, factory owners in heartland manufacturing regions such as the Yangtze River Delta are advocating for reforms to reduce electricity costs. This move comes at a critical juncture, as recent reports indicate sluggish exports and ongoing economic challenges.

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