Decentralize ticket pricing
To guarantee the interests of consumers, we should break the monopoly of railway market by State-owned enterprises, says an article in Yanzhao Evening Post. The following is an excerpt:
China is mulling over the market-oriented reform of railway ticket pricing. As the railway authorities said, the reform is expected to realize the aim of breaking even and making a small profit for railway enterprises.
But the operating costs for China's railway enterprises, which are State-controlled, have never been transparent and people are wondering whether the monopolized railway ticket pricing is based on the real operating costs. Meanwhile, State-owned railway enterprises usually feature low efficiency and high costs due to their monopolized position in the market.