Industry regulation in a transitional economy : a case study of the Chinese telecommunications industry
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NO FULL TEXT AVAILABLE. Access is restricted indefinitely. ----- Chinese Telecommunications sector has evolved with unprecedented speed in the past years. lt has attracted a great deal of attention from both foreign industries and regulators through out the world. Interestingly, the industry only commenced its reforms of privatisation and liberalisation in 1990s, which to date, is comparatively a short period of time about less than two decades. However, this short reform experience had provided the Chinese telecommunications market with some sharp rises in almost every aspect. However, this trend of fast development has started to show a much slower pace in recent years. The major regulations and laws in the telecommunications industry in china has also started to show insufficiency and out-of-date nature. To response to this situation, master-piece legislation, in fact, the first legislation in Chinese telecommunications industry had been put into the legislative agenda for some years. Unfortunately, with much hope that people put upon this enactment, the only outcome so far after years of drafting and discussion has been silence from the law making power in China. As a direct result, China is now facing big challenge of sustaining its telecommunications industry and a widely recognised key for a sustainable industry development is, of course, the support and guarantee from an appropriate regulatory and legal environment, which is what China is lacking and working on at the mean time. The goal of this research is therefore to assess whether this astonishingly fast development in the Chinese telecommunications industry in the past two decades can be sustainable, and if so, what would be the supporting legal and regulatory framework and how they should work. To achieve the goal, this thesis reviews and examines widely on the current state of knowledge, particularly various schools of ICT regulation and regulation in transitional economy. The thesis also explores the development of the China's telecommunication industry in the past and present, discusses the driving forces and analyses the domestic regulatory environment. In the course of doing it, reflections of regulatory theories in China's regulatory/legal practice are highlighted followed by recommendations for a healthier regulatory regime in the transitional period. In conclusion, the thesis construe that the fast development' in the Chinese telecommunications industry in the past two decades is unlikely to be sustainable in a long run, even with the highly doubtable eventuation of the proposed masterpiece legislation in Chinese telecommunications industry, unless a more substantial and a wider-ranging socio-economical reform is conducted in time and in an appropriate form.
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