China's top economic planner issued a new regulation on Saturday to oversee energy saving work in corporations, allowing authorities to warn or impose penalties on violators.
The fine ranges from $1,534 U.S. dollars) to $4,600, according to the National Development and Reform Commission.
Detailed tasks will be set and divided by the regulatory institutions at provincial level according to local realities. Followed by institutions of city and county level, the provincial institutions are on the top of a three-tier regulatory body, reports Xinhua.
The institutions will oversee largely the corporations' enforcement of energy-saving laws, rules, regulations and relevant mandatory standards.
The measures will take effect starting from March 1 this year.
China has focused on mapping or revising standards in key industries in 2015, such as energy saving and environmental protection, said Tian Shihong, head of the national Standardization Administration in January.
The country rolled out 1,931 national standards last year, up 26.2 percent from the previous year, official data showed.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
