Since late 2002, power market restructuring and regulation in China has provided a stable investment environment that has supported massive investment in generation capacity over the past decade. During this period, China's power capacity grew at an astounding CAGR of 13.2% - growing from 357GW in 2002 to 962GW in 2010. The chart above shows that the total capital expenditure (capex) for power capacity additions was $655 billion over the historic period 2002-2011.
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