# power market reform

Silver Spike and Semiconductor Gains Meet Market Reform and a 35.6‑Tesla Breakthrough: China’s Daily Economic Pulse

Spot silver surged above $113/oz and Shanghai silver futures jumped over 7% as investors priced a mix of rate‑cut hopes, geopolitical safe‑haven demand, and industrial appetite from renewables. That market heat sat alongside structural shifts — electricity‑market liberalization, a national livestreaming standard, and a 35.6‑tesla superconducting magnet — that collectively underscore China’s simultaneous push for market discipline and technological self‑reliance.