Archive for WTO
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Disappearance of a "Dinosaur"
On December 11, 2001, the first day of China's entry to the WTO, the plan to segment China Telecom was announced. This was the second plan of its kind since 2000, and even more stringent. It entails China Telecom's capital and equipment in 10 northern provinces merging with two other Chinese telecommunications enterprises( China Netcom Corporation Ltd., and China Jitong Netcom Corporation Ltd.), to form the China Network Communications Group Company( China Netcom). China Telecom's southern entities will be reorganized into a new company that will retain the name "China Telecom Group Company".
Structural Reorganization
The idea that China first began to deal with the challenges posed by the WTO in 2001 is a misconception, several years particularly within certain major industries, such as agriculture, finance ( banking, insurance, securities), the automobile industry, and telecommunications.
Foreign Companies in Chinese Market
While foreign companies like Nokia, Motorola and Ericsson previously dominated the market in mobile phones, now more than 40% of the handset market belongs to local companies like Ningbo Bird, Nanjing Panda Electronics, Haier and TCL Mobile.
The Competition in Telecommunication
This competition is set to intensify further as China continues to liberalize the industry, according to the rules of its accession into the World Trade Organization(WTO).
China's Water Affair Report
The year of 2005 is quite important for China water affair to step towards marketlization. Chinese government takes water price reformation as one of the three major price reformation projects. As waste treatment fee came into collection and the water resource fee was improved in 2004 then in 2005 the water price in main cities rose a lot, which beyond people's expectation. In around 2005, the increase rate of water price in major cities of China, especially in Beijing and Shenzhen etc., the waste treatment fee increased by over 50%.
Foreign Retail Enterprises in China
Foreign retail enterprises began trickling in as early as 1992, and over 350 such enterprises were operating by 2000 under various local sanctions, but only 40 of them had gained proper approval from the central goverment. A crackdown followed, presumably in anticipation of WTO entry, requiring foreign investors to conform to a set of trial [...]
