Page added on March 3, 2007
International input by leading experts will be considered in the drafting of China’s first energy law, industry executives told China Daily on Friday.
According to Wu Zhonghu, a drafter, the draft law is expected to be submitted to the State Council later this year, following an international conference scheduled for next month.
The reform of the energy markets and their administration was also a challenge in trying to avoid too much or too little regulation, he said.
“If we write some energy-saving targets into the law, what will we do if market players fall short of those targets? If no action is taken, will not the law’s authority be put into question?” He said.
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