CHINA PRESS: China To Improve Energy Consumption - President

China will improve the regulation of total energy consumption in efforts to reduce carbon emissions as the country constructs a clean power system, according to President Xi Jinping. Speaking at a recent central committee meeting, Xi said the country will transition to a new development pattern based on services and focus on institutional opening up. China needs to enhance reforms of foreign exchange and international cooperation in finance and innovation. (Source: Yicai)