China: Power Sector Regulation in a Socialist Market Economy
This paper discusses issues and explores options related to the reform of the power sector regulatory system in China. It reviews the power sector's current situation and impediments to reform, examines the relationship between power sector structure and regulation, and suggests several structural changes to improve the economic performance of the sector. The book recommends and proposes a legal framework for a regulatory system and legal and economic techniques to improve the autonomy of the power enterprises. It presents a four-stage implementation plan for developing the proposed regulatory system and legal framework.
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