By Sui-Lee Wee and David Stanway BEIJING (Reuters) - Smog-hit China is set to pass a new law that would give Beijing more powers to shut polluting factories and punish officials, and even place protected regions off-limits to industrial development, scholars with knowledge of the situation said. Long-awaited amendments to China's 1989 Environmental Protection Law are expected to be finalized later this year, giving the Ministry of Environmental Protection (MEP) greater authority to take on polluters. While some details of the fourth draft are still under discussion, it has been agreed that the principle of prioritizing the environment above the economy will be enshrined in law, according to scholars who have been involved in the process. "(Upholding) environmental protection as the fundamental principle is a huge change, and emphasizes that the environment is a priority," said Cao Mingde, a law professor at the China University of Political Science and Law, who was involved in the drafting process.
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