Telecom­mu­ni­ca­tions can de­ter­mine charges

China Daily (Canada) - - NEWSCAPSULE -

China will al­low lo­cal car­ri­ers in its telecom­mu­ni­ca­tions mar­ket to de­ter­mine ser­vice charges rather than fol­low a gov­ern­mentset price range.

“The mar­ket should de­cide prices for all tele­com ser­vices,” said a joint state­ment from the Min­istry of In­dus­try and In­for­ma­tion Tech­nol­ogy and the Na­tional De­vel­op­ment and Re­form Com­mis­sion.

“Car­ri­ers will be able to set charg­ing, billing and price struc­ture,” it said. The reg­u­la­tors also abol­ished some reg­u­la­tions on tele­com ser­vice charges.

“This sud­den an­nounce­ment marks full-mar­ke­ti­za­tion of China’s tele­com in­dus­try,” said Xiang Li­gang, founder of tele­com web­site CC­Time.com.

The cen­tral govern­ment be­gan to ease con­trols last year. (Photo 1)

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