From Reuters:
A draft energy law that may lay the groundwork for an energy ministry will be submitted to China’s cabinet by late this year or early 2008, an official presentation showed, as Beijing seeks to bolster efficiency and control.
China, the world’s number two energy consumer, has made resource efficiency and security top priorities because of concerns about a growing reliance on foreign oil and massive pollution problems.
Discussion by the State Council, or cabinet, would be only the first in a series of revisions, but the tight timetable suggests Beijing may hope to have the law ready for the brief annual session of its parliament in early spring, analysts said. [Full Text]
Read also New law to promote energy conservation by Xinhua.
