Dismantle monopoly

This year marks the 30th anniversary of China's market-oriented economic reforms and opening-up, that has remarkably benefited the country as well as the world.

To build on this long-term growth story, Chinese policymakers must step up efforts to bring more competition into monopolized State sectors.

At a national conference on the reform of economic systems, officials from the National Development and Reform Commission stressed that priorities will be given to reforms of monopoly sectors, in particularly, railways, power and salt industries, this year.