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Li vows to shift more power to markets

Updated: 2014-02-12 07:00
By Zhao Yinan ( China Daily)

New measures aim to avoid abuse of office and combat corruption

Premier Li Keqiang has pledged to return more authority on investment issues to the market this year, as a method to reduce government intervention and cast off corruption.

The premier called on the government to adopt the "negative list" approach in delegating powers and reducing administrative approvals at a meeting on clean government on Tuesday.

Li vows to shift more power to markets

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