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Law Tackling Administrative Monopolies

Law Tackling Administrative Monopolies
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摘要 The first five months of 2006 saw a surge in the profits achieved by key State enterprises, especially in the eight sectors including petroleum, telecommunication and electricity, which achieved 285 billion yuan (US$36 billion) in profits, accounting for about 86 percent of the total, according to a July report from the Stateowned Assets Supervision and Administration Commission of the State (SASAC). This news was both heartening and disquieting, for the most profitable sectors happen to be monopolistic enterprises, mostly upstream the production chain, who achieve their profitability at the expense of those companies further downstream. For years these sectors have been at the centre of the "bust-the-trust" storm.
作者 WAN LIXIN
出处 《China International Business》 2006年第9期26-27,共2页 中国外经贸(英文版)
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