CHINA has decided to replace the Ministry of Power Industry with a national corporation next year. Power Industry Minister Shi Dazhen said the new corporation would have three responsibilities: to represent the assets of all state-owned power companies; to be the chief manager and investor of those assets; and to co-ordinate cross-region electricity transmission and the management of the transmission network. The decision was made at a national meeting on power industries which is being held in Beijing. The major government restructuring was planned according to the principle of 'the separation of state and business', the China News Service quoted Mr Shi as saying. It would be a major move in streamlining the bureaucracy in 1996. Authorities have been gradually transforming some economic departments into corporations in different sectors to diminish state intervention in economic activities. The Ministry of Metallurgical Industry will also become a corporation next year.