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| Saturday, August 30, 2008 05:52:48 |
Diversity in Energy Strategies
Reports say that the Ministry of Finance plans to encourage more resource-based and high-tech imports, as well as a new taxation policy for resource exports associated with high energy consumption and pollution. Industry observers think the planned policy is intended to control energy and resource exports to avoid over-exploitation of domestic resources. In the long run, China seeks a policy that will protect energy security and strengthen energy storage.
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