National Energy Administration (NEA) has begun operation 2008.Jul.30. Posted in China
BEIJING, July 29 (Xinhua) — China’s newly-established National Energy Administration (NEA) has begun operation, according to sources with the National Development and Reform Commission (NDRC), the country’s top planning body to which NEA is attached to.
The State Council, China’s cabinet, has recently approved NEA’s official responsibilities, organization and staff quota, the sources said.
Its establishment, a significant move amid plans for the reform of State Council organs, aimed at strengthening the centralized management of energy sectors, dealing with the worsening energy issues both at home and abroad, and ensuring the sustainable and steady development of the national economy.
Market energy sectors in China previously were administered by the State Electricity Regulatory Commission (SERC), NDRC and Ministry of Commerce (MOC). In the long term, this led to administrative inefficiency and unreasonable energy resource allocation, energy analysts interpreted.
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