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Li vows to shift more power to markets

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

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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