News Snapshot:
China will make efforts to ensure stable supply of coal and electricity for economic and social use, state media cited President Xi Jinping as saying on Friday, as the country grapples with its worse power supply crunch in years. In a speech delivered at a meeting in Shandong province, Xi also called for greater efforts in exploration and development of oil and gas and said outdated production capacity would be eliminated in order to reduce carbon emissions, the official Xinhua news agency reported. (Reporting by Tom Daly; editing by Jason Neely)
