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In the paper, we introduce an efficient method for generating non-isospectral integrable hierarchies, which can be used to derive a great many non-isospectral integrable hierarchies. Based on the scheme, we derive a non-isospectral integrable hierarchy by using Lie algebra and the corresponding loop algebra. It follows that some symmetries of the non-isospectral integrable hierarchy are also studied. Additionally, we also obtain a few conserved quantities of the isospectral integrable hierarchies.