Move to end any price-fixing of utilities
China Daily | Updated: 2017-10-26 07:09
THE NATIONAL DEVELOPMENT and Reform Commission, China's top economic planner, said on Tuesday it will carry out targeted supervision of water, electricity, heating and telecommunication charges across the country starting from Nov 1. Beijing Youth Daily commented on Wednesday:
The top economic planner's decision to step up supervision on a number of utility charges is an example of improved governance.
China has cut administrative fees on businesses by more than 420 billion yuan ($63.38 billion) during the past five years, from reducing operation service fees and power use costs to exemptions of highway tolls.
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