China has whipped together a bunch of heavyweights from the country’s economic and military sectors to intensify regulation and guidance of the country’s fragmented energy industry.
A leading group headed by Premier Wen Jiabao has been established by the State Council to oversee macro leadership of the sector.
Previous energy-regulating administrations such as the Energy Bureau of the National Development and Reform Commission (NDRC) remain unchanged to control the energy industry by examining industrial projects and supervising energy-affiliated activities.
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