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China's economic reforms promise big changes for energy sector

A shift to market pricing and a new focus on environmental protection will produce new winners and losers

China's leadership is pushing major changes to the country's energy sector as part of wide-ranging economic reforms that could re-shape the landscape for players across the industry over the coming years. As part of the measures, the industry is expected to see more competition, a shift to market-driven pricing for fuel and natural gas and a greater emphasis on environmental protection, according to reforms outlined in November following the Communist Party's Third Plenum meeting. Some of the most significant changes to come will be driven by Beijing's efforts to strike a new balance between environmental protection and economic growth. Environmental protection has always received plenty o

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