Legal basis: People's Republic of China (PRC) Electricity Law.
Article 1 This Law is formulated for the purpose of safeguarding and promoting the development of electric power industry, safeguarding the legitimate rights and interests of electric power investors, operators and users, and ensuring the safe operation of electric power.
Article 2 This Law is applicable to the construction, production, supply and use of electric power in People's Republic of China (PRC).
Article 3 The electric power industry should adapt to the needs of national economic and social development and develop ahead of schedule appropriately. The state encourages and guides domestic and foreign economic organizations and individuals to invest in the development of power sources and set up power production enterprises according to law.
Investment in electric power industry should follow the principle that whoever invests will benefit.