Empirical Research About Government Regulation And Its Performance Of China’ Electricity Industry

Electricity industry is an important basic industries related to people’s livelihood, with sustained and rapid economic development, people’s lives for electricity affect more and more important. Past, under the planned economy, China’s Electricity industry is fully managed directly by the government, including the production of electricity from the power distribution grid construction and even entire industries. Effective regulation of the Electricity industry in China’s economic reform is an important part, an important factor to gradually establish and perfect the socialist market economic system. As the Electricity industry as a public utility, with natural monopoly characteristics, in the process of deepening reform of how to play an effective government regulation of the Electricity industry with the production, is a worthy and requires in-depth study of the theoretical and practical issues.Based on the results of relevant research scholars from home and abroad on the basis of the theoretical basis of the first government regulation elaborated on the theory of government regulation in the electric Electricity industry is discussed, followed by government regulation of the electricity industry in developed countries were Britain lessons learned, once again combing the historical evolution of China’s Electricity industry, government regulation, and an empirical study of its regulatory effect, combined with China’s actual conditions on the basis of the attempt to make policy recommendations targeted and operability.This paper studies the main research method using a theoretical and empirical analysis combining. Because of China’s electric power system is still in the research stage continuous exploration, empirical model and analysis capabilities of the theoretical and practical aspects of the short time-related research, the data can grasp, the author of the best applications are limited, so, when the scope of this paper discuss the issues involved and the factors to be considered more limited, and therefore concluded that the uncertainty may also exist. The above problems and deficiencies, as well as in-depth research and study until after the author.