Aiming to reduce the politicization and direct administration of electricity generation, transmission and distribution, the central planners launched three major episodes of institutional changes in the reform era culminating in the creation of an independent ministry-level agency - the State...

In the past 20 years, China has given rise to become the second largest economic power in the world. Its GDP surpassed that of Canada in 1993, Italy in 2000, France in 2005, the U.K. in 2006, Germany in 2008, and Japan in 2009. In 2012 it surpassed the United States as the world's largest...