According to the development planning of new energy to be released, which is part of the Chinese Government 12th five-year plan, wind power will be of strategic importance to the energy development. The scale of wind-power development will be enhanced and electricity tariff mechanism will be improved.After raising a tariff off-grid connected photovoltaic power, it is expected that the Government will show support to the pricing mechanism of offshore wind power to stimulate another round of development of offshore wind power.
China Ming Yang Wind Power Group's CEO Discusses Q2 2011 Results - Earnings Call Transcript
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