News Snapshot:
China will strive to ensure a stable supply of coal and electricity for economic and social purposes, President Xi Jinping said Friday as quoted by state media as the country grapples with its worst shortage. electricity for years. In a speech at a meeting in Shandong Province, Xi also called for more efforts in oil and gas exploration and development and said obsolete production capacities would be phased out to reduce carbon emissions, the state-run Xinhua news agency reported. (Reporting by Tom Daly; editing by Jason Neely)
