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China Premier Vows to Ensure Power Supply for Manufacturers

  • Li Keqiang speaks on energy crisis during Midea factory visit
  • Beijing scrambling to blunt power curbs’ damage to economy
Bloomberg business news
WATCH: The Chinese government has vowed to ensure power supplies for manufacturers. Bloomberg’s John Liu reports. (Source: Bloomberg)

Premier Li Keqiang vowed to ensure power supplies for factories, in the Chinese government’s latest effort to ease worries about the energy crisis roiling the world’s manufacturing powerhouse. 

China’s No. 2 official made the pledge Thursday during a visit to a Foshan factory run by home-appliance-maker Midea Group Co. Ltd. Li was in the southern manufacturing hub of Guangdong province to attend the China Import and Export Fair and later offered similar assurances to companies in a speech at the event.