Beijing, Feb 21 (IANS): 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.