Why does the State Power Company still invest abroad?

Mainly supported by national policies, the State Power Company will go out and invest abroad. Because electric power is a strategic resource of a country and a key area controlled by the national government, it is limited by geography, resources, government policies and other factors. , and has the characteristics of high industry concentration, technology-intensive, capital-intensive and monopoly.

Therefore, China's major power enterprises are generally large state-owned power enterprises, which control and occupy most of the domestic and foreign markets. With the encouragement and support of policies, China's core power enterprises, relying on their scale and technological advantages, continue to give full play to China's power infrastructure capabilities and accelerate the pace of foreign investment projects.

Electricity is the lifeblood of the national economy, and the power industry is related to the national economy and people's livelihood. With the encouragement and support of national policies, China's power industry has continuously increased the pace of "going global" foreign investment, developed rapidly, and gradually showed the characteristics of large investment scale, wide scope and diversified methods.

In recent years, China's foreign direct investment has achieved a steady, healthy and orderly development, and multinational companies have maintained a high level of activity in foreign investment. Even in the face of the COVID-19 epidemic, China's foreign direct investment has maintained a steady growth.

According to statistics, in 2020, China's foreign direct investment flows ranked first in the world for the first time, and its stock of foreign direct investment remained the top three in the world for many years. Its influence in global foreign investment has been continuously enhanced, and its contribution to the world economy has become increasingly prominent, which has promoted the development of the world.

Legal basis:

People's Republic of China (PRC) electricity method

Article 4 Power facilities are protected by the state, and it is forbidden for any unit or individual to endanger the safety of power facilities or illegally occupy or use electric energy.

Thirty-first users should install electricity metering devices. The user's electricity consumption shall be subject to the records of the electric energy metering device legally recognized by the metrological verification institution. The design, construction, installation and operation management of user power receiving devices shall conform to national standards or electric power industry standards.

Thirty-third power supply enterprises should charge electricity fees to users according to the electricity price approved by the state and the records of electricity metering devices. Users should pay the electricity fee on time according to the electricity price approved by the state and the records of the electricity metering device.

Article 62 Where electric power construction projects use electric power equipment and technologies explicitly eliminated by the state, the administrative department of electric power shall order them to stop using them, confiscate the electric power equipment explicitly eliminated by the state, and impose a fine of less than 50,000 yuan.

Regulations on the supply and use of electricity

Thirtieth users shall not have the following acts that endanger the safety of power supply and electricity use and disrupt the normal order of power supply and electricity use:

(1) changing the category of electricity consumption without authorization;

(two) unauthorized use of electricity beyond the capacity agreed in the contract;

(three) unauthorized allocation of electricity consumption indicators;

(four) unauthorized use of power equipment that has been suspended by the power supply enterprise, or unauthorized use of power equipment that has been sealed by the power supply enterprise;

(five) unauthorized migration, modification or unauthorized operation of power metering devices, power load control devices, power supply facilities of power supply enterprises, and power receiving equipment of users agreed by power supply enterprises;

(six) without the permission of the power supply enterprise, the introduction and supply of power supply or the connection of self-provided power supply to the power grid.