In 2016, China was the largest electricity consumer in the world. China has been facing serious environmental pollution causing from the fossil fuel as the chief source of energy supply. Thus, China has been shifting its strategies towards accommodating intermittent renewable energy, increasing efficiency, and cultivating energy saving. Over the years China has developed itself as the world largest smart grid market, and has been attracting Foreign Direct Investments (FDI) such as from General Electric, Siemens, ABB, and others. It is estimated that China over the next decade will invest USD 75.0 billion in smart grid infrastructure. In 2016, China smart grid market was 1/3rd of the global smart grid market. In 2014, announcement on Climate Change and Clean Energy Cooperation, to increase China’s total energy consumption to 20.0% by 2030 from zero-emission sources, such as from wind, solar, nuclear, and others has created opportunities for the energy and power industry players. The Sta
