China＇s high-speed railway industry achieved dazzling development over the years, but not much research has been devoted to this industry from the perspeetive of competition policy. This paper focuses on the industri...China＇s high-speed railway industry achieved dazzling development over the years, but not much research has been devoted to this industry from the perspeetive of competition policy. This paper focuses on the industrial organization of China＇s high-speed railway industry and the applicability of the Anti-Monopoly Law. We intend to answer the following questions： （l） Why is the high-speed railway industry not an industry of natural monopoly？ Which segments of the industry have elements of natural monopoly？ （2） At the level of corporate organization, what is the legal and economic rationale behind the patterns of China＇s high-speed railway undertakings evolving from government-affiliated enterprises to special legal person enterprises and then shareholding companies？ （3） The applicability of the Anti-Monopoly Law to the high-speed railway industry. Our conclusions from the perspective of competition policy are worth referencing for similar industries such as electric power, telecommunications, and water and gas supply.展开更多
Ⅰ. Current Situation Of For-eign Funded Enterprise 1. General The establishment of Beijing Jeep Corp. Ltd. in 1983 is a prelude to Sino-Overseas JVs established by directly using foreign funds in China auto sector. A...Ⅰ. Current Situation Of For-eign Funded Enterprise 1. General The establishment of Beijing Jeep Corp. Ltd. in 1983 is a prelude to Sino-Overseas JVs established by directly using foreign funds in China auto sector. According to incomplete statistics, by June of 1996, total 407 Foreign Funded Enterprise (FFE hereinafter) have been set up, of which, 63 are complete vehicle enter-prises (incl. those of retrofitting vehicles, spe-cial-purpose vehicles and buses), 277 are展开更多
文摘China＇s high-speed railway industry achieved dazzling development over the years, but not much research has been devoted to this industry from the perspeetive of competition policy. This paper focuses on the industrial organization of China＇s high-speed railway industry and the applicability of the Anti-Monopoly Law. We intend to answer the following questions： （l） Why is the high-speed railway industry not an industry of natural monopoly？ Which segments of the industry have elements of natural monopoly？ （2） At the level of corporate organization, what is the legal and economic rationale behind the patterns of China＇s high-speed railway undertakings evolving from government-affiliated enterprises to special legal person enterprises and then shareholding companies？ （3） The applicability of the Anti-Monopoly Law to the high-speed railway industry. Our conclusions from the perspective of competition policy are worth referencing for similar industries such as electric power, telecommunications, and water and gas supply.
文摘Ⅰ. Current Situation Of For-eign Funded Enterprise 1. General The establishment of Beijing Jeep Corp. Ltd. in 1983 is a prelude to Sino-Overseas JVs established by directly using foreign funds in China auto sector. According to incomplete statistics, by June of 1996, total 407 Foreign Funded Enterprise (FFE hereinafter) have been set up, of which, 63 are complete vehicle enter-prises (incl. those of retrofitting vehicles, spe-cial-purpose vehicles and buses), 277 are
