China is expected to establish a new government organ in an effort to better protect natural resources, including minerals, water and forests, said a senior official. The establishment of a State-owned assets supervision and administration body on natural resources is still being mulled, said Yang Weimin, deputy director of the Office of the Central Leading Group on Financial and Economic Affairs, China’s top economic decision-making body, during a keynote speech at a forum in East China’s Zhejiang province, yicai.com reported on Monday [22 September 2014]…Full Article: China Daily Sept 2014

Key Point

  • The concept for new government agency initially came about during the Third Plenary Session of the 18th CPC Central Committee in late 2013.

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