An executive meeting of the State Council discussed and approved
suggestions on deepening the reform of the electricity from 2006 to
2010.
Councillors at the meeting, chaired by Premier Wen Jiabao, on Wednesday said the electricity
industry was important for national economic and social
development.
The councillors urged the industry to step up system reform,
improve structure, accelerate the construction of power grids and
change growth patterns over the five-year period.
Efforts should also focus on boosting efficiency, reducing costs
and improving services to promote its development in a stable,
healthy, coordinated and safe way.
Councillors called for a "unified and open" electricity market,
a price mechanism that complied with the market economy and a sound
market supervision system.
Electricity was directly related to the development of the
economy, social stability and living standards, they said.
(Xinhua News Agency November 3, 2006)
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