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Insiders: The two companies likely to be in the world's top 500

BEIJING - The government is to establish two new companies from the design and construction businesses of the power grid groups in a long deliberated move to restructure the power industry.

"Splitting the affiliated businesses from the power grid groups is an important step in restructuring the power industry," said Shao Ning, vice-chairman of the State-owned Assets Supervision and Administration Commission (SASAC).