Chinese political advisors have lambasted the monopolized power
in some government agencies and state-run corporations, urging the
anti-monopoly law to be passed at an earlier date.
The draft of law, first-ever in China, was submitted for
deliberation to the Standing Committee of the National People's
Congress, the parliament, last June after its approval by the State
Council, or cabinet.
Hao Ruyu, a member of the National Committee of the Chinese
People's Political Consultative Conference (CPPCC), the top
political advisory body, said that private investment fails to
enter key industries because of high thresholds created by relevant
The monopoly often leads to inefficient, over-sized state-owned
enterprises, said Hao, also vice president of Beijing-based Capital
University of Economics and Business, lashing government
departments such as the General Administration of Civil Aviation
and the Ministry of Information Industry.
Hao said the aviation administration has exclusive power over
fixing air ticket fares, approving air routes and appointing
officials for state-owned carriers, while the information industry
takes charge of both issuing telecommunication licenses and setting
up phone charge policies.
CPPCC member Li Wei, vice mayor of Jiangmen in south China's
Guangdong Province, said the draft, if passed, will play a positive
role in creating a fair market environment and give an impetus to
China's economy growth.
(Xinhua News Agency March 12, 2007)