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Xinjiang reduces corporate electricity costs by more than 460 million RMB yuan

Xinjiang Daily news (Reporter Chen Qiangwei): Since February in 2020, Xinjiang has implemented a phased cut of electricity prices. Up to now, a total of 467 million RMB yuan electricity expenditure has been reduced for enterprises across Xinjiang. The preferential policy that all electricity charges shall be settled by 95% will continue until the end of 2020, expected to benefit more than 787,500 enterprises.