China is set to establish new ministries to promote environmental protection, an institutional reform plan showed Tuesday, as President Xi Jinping has pledged to build a "Beautiful China" with blue skies and clean air.The plan, submitted by the government to parliament, also included proposals to merge the banking and insurance watchdogs, and create a national market regulatory administration, with Xi eager to counter risks in the financial sector.A new ministry of ecological environment will be in charge of mapping out environmental policy, nuclear and radiation safety, and tackling sea, r…READ FULL ARTICLE
