Telecommunications can determine charges
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)