Energy reform: moving from administration to regulation
Abstract
China’s model of rapid economic development has had plenty of successes since the start of this century. But rapid growth has caused the country’s energy needs to increase, and China’s energy security is now at significant risk.
Yang Fuqiang says that by 2009, China had become the world’s leading consumer of energy. By 2011, it accounted for more than 20 percent of global primary energy consumption...
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