Anti-monopoly countdown
Authorities should set up a timer, like the one they did for the Olympics, to countdown the introduction of private investments into State-controlled industries to ensure the anti-monopoly policy is implemented, says an article in China Business News. Excerpt:
The State Council formulated the Guideline on Deepening the Economic Reform in 2009 on May 25. In the guideline, the reform of
State-controlled industries is listed as an independent item. It suggests for the first time ways to widen the areas and channels of private investments, and assigns relevant authorities to quickly work out policies to encourage private investments to be introduced into some vital State-controlled areas, like petrol, railway, electricity, telecom and public facilities.