BEIJING, Nov. 20, 2009 (Xinhua News Agency) -- China stock market policy scan on Nov.20, as follows:

1.China's National Development and Reform Commission (NDRC), the top economic planning agency, Thursday announced a rise in the price of electricity for non-residential use by 2.8 fen (0.4 U.S. cents) per kilowatt hour on average nationwide, as of Friday.

Comment: as the market has already held the expectation on the price hike, it will cast limited stimulation on related stocks.

2. China will not launch reform on natural gas price this year, said an official with China's top economic planner the National Development and Reform Commission (NDRC).

Comment: the remark by NDRC official may hit the market expectation on the up adjustment on the natural gas price within this year. Natural gas stocks will undertake pressure.

3. China Iron and Steel Association official said Thursday that the suggestions for promoting a healthy development of China's steel industry have been submitted to the State Council, according to a report of Shanghai Securities News.

Comment: the report may strengthen the market expectation on the merger and acquisition in the steel industry, which is expected to provide short-term stimulation to the steel stocks.