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    One Minute: Moonlighting university president, concerned monk and anti-terrorism law

    By Liu Jing and Liu Wei (chinadaily.com.cn)

    Updated: 2015-03-10 15:44:50

    8.03K
    One Minute: Moonlighting university president, concerned monk and anti-terrorism law

    Wang Yumin, deputy director of the National Energy Administration.

    China to rev up reform in power sector

    A new guideline for deepening reform in China's power sector will be implemented soon, a senior official with the National Energy Administration(NEA) said, noting that electricity will regain its nature as a commodity under the new rule.

    A pricing system dominated by the market will be established and price will serve as a guide in effective exploitation and rational utilization of energy, said Wang Yumin, deputy director of NEA and a member to the CPPCC.

    The document will also cover topics including breaking monopoly and the transformation of government functions, Wang said.

     
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