Chinese planner will continue reforms in the fields of oil, rail and electricity



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China will continue reforming the railway, oil and gas, and electricity industries and reduce overcapacity in others, a vice-president of the state planner said on March 24.

"We will continue the reforms of the electricity, oil and gas and railway sectors, and we will separate the ownership of the network and the activities of natural monopoly industries in order to fully introduce their competitive aspects. on the market "Reform Commission, said at the China Development Forum.

He added that China will continue to reduce overcapacity in some industries, eliminate "zombie companies" and seek to make effective investments in areas such as transport and telecommunications.

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