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Wind and solar photovoltaic power are likely to achieve grid price parity within 2020, while at the same time, their quick development will further diminish the share of hydropower in the total power output by renewables in China, according to industry experts.

Who made the cut?

White household appliance refers washing machines, refrigerators, etc. Currently, Anhui is one of the leading white household appliance manufacture centers in China with famous brands including Royalstar and Meiling.

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Will Leonardo Di Caprio and Kate Winslet lend some glamour to the launch?

With a total investment of 7.3 billion yuan (.06 billion), the hub will start construction before the end of 2018, and it is expected to be operational in 2021.

With faster economic expansion and a better employment picture, China's per capita disposable income grew 7.3 percent last year.

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Wilson Pang, a partner at auditing and consultancy firm KPMG, said most of recent SOE reform programs had a much wider coverage and emphasized the importance of corporate governance, risk management, performance appraisal and strategic planning.

With an investment of 9.6 billion yuan (.3 billion), it took China Huaneng Group eight years to complete construction of the hydropower station. The station's six power units can generate a combined total of 510,000 kilowatts.

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With a reliable Chinese shareholder, EEW is now looking for expansion in neighboring European countries, and on the other hand, with the combination of German technology and the shareholder's channel in China, EEW is now supporting two projects in China, one in Beijing's suburb and another in the coastal tourist city of Beihai in China's southern Guangxi Zhuang autonomous region.

With bushfires projected to get ever more deadly and the next season a little over six months away, the risk, Steggall says, is that given politicians take so long to reach consensus "it will be too late to do anything".