China aims to have electricity trade account for 70% of the nation's total consumption under a new government strategy for a unified national power market by 2030. This plan represents a major step in overhauling the country's fragmented grid system, where regional barriers historically limit the flow of power.

Currently, China's power markets are segmented, leading to inefficiencies and stranded generation capacity in some regions. Moving to a 70% trade share requires massive infrastructure investment and regulatory harmonization across provinces. The strategy directly supports Beijing's climate goals by facilitating the long-distance transmission of renewable energy from resource-rich western areas to eastern demand centers.

For businesses, a unified market promises more transparent pricing and reduced supply risks. Energy-intensive manufacturers could see cost stabilization, while traders gain a vastly larger, more liquid market. The target signals a decisive push to break down provincial protectionism in the power sector. Achieving this unified national power market will be a key indicator of China's economic reform momentum.